News Now

Consumer
Consumer brief (12/19/2007)
* MADISON, Wis. (12/20/07)--Tempted by 0% deferred financing for large purchases? Unless you’re disciplined and know you’ll pay off the entire amount before the stated period, you might be better off putting the purchase on a low-interest credit card or taking out a personal loan. Neglecting to pay off the balance in time--even if your final payment is received just one day late--means you’ll be socked with high interest charges back-dated to the date of purchase. If you decide to go the 0% route and the stated period is one year at 0% interest, divide the total purchase amount by 11 and make 11 monthly payments before the 12 months are up. But if you’re not sure your budget can handle those payments, just say no to 0% financing (Credit Union National Association Center for Personal Finance) …


RSS print
News Now LiveWire
Learn how to stay competitive with new research blog from @CUNA's econ/statistics dept in Wed's #NewsNow
11 hours ago
#FOMC meeting watch: Change in forward guidance expected #Market #NewsNow http://t.co/PH41VN1j9l
13 hours ago
Member growth at #creditunion continues despite mill closure #NewsNow http://t.co/rNRjLBjvX9
14 hours ago
CA/NV league pres/CEO Dykstra in @sacbee_news: Retailers should hold accountability in data breaches http://t.co/odyHd9N2OG
15 hours ago
Fin. lit. ideas percolate during .@NW_Banking #tweetchat #NewsNow http://t.co/nSS9Iiw0e0
15 hours ago
150x172_Annual Report 2013Unite for Good Share your Stories100 Million CU Memberships