EPISODE · Oct 31, 2025 · 1 MIN
The Deferred Interest Trap
from Faith & Finance Minute · host FaithFi: Faith & Finance
“Buy Now and Pay No Interest for 6-months, or a year,” sounds like an easy way to get what you want, and save on interest. But Rob West warns if you don’t pay off the entire balance by the time it’s due, you’ll owe every dime of back interest! Better to save and pay cash. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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What this episode covers
“Buy Now and Pay No Interest for 6-months, or a year,” sounds like an easy way to get what you want, and save on interest. But Rob West warns if you don’t pay off the entire balance by the time it’s due, you’ll owe every dime of back interest! Better to save and pay cash.
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The Deferred Interest Trap
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