Interest usually starts accruing as soon as you accept a loan, take a draw from a line of credit or start revolving a credit card balance. However, creditors sometimes offer options to defer interest ...

INDIANAPOLIS — Let's say it's time to make a large purchase and the item costs a few thousand dollars. The salesperson lets you know there is a promotion available. Zero percent deferred interest for ...

Deferred interest offers allow consumers to make purchases and avoid interest charges during a promotional period, which usually lasts about six to 12 months. Consumers who pay off their entire ...

With the holiday season upon us, one personal finance site is sounding the alarm on a ubiquitous retail payment plan that many Americans say should be outlawed. It’s called “deferred interest." In a ...

With deferred interest offers, interest begins accruing immediately from the original purchase date, and if the balance is not paid in full by the end of the promotion period, the consumer is ...

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TOPEKA, Kan. (WIBW) - According to a new report from WalletHub, deferred interest could cost Kansans big this holiday season. With high inflation, WalletHub.com says financing offers may be tempting ...

The Consumer Financial Protection Bureau was urged to eliminate deferred interest during a hearing Tuesday that addressed the problems associated with medical credit cards and other payment products.

"In some cases, individuals have been under the impression they are signing consent for treatment, not for a financing product, and in others they're simply taking these products because they can't ...