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Viper · M
Depends on the interest they're asking for...
If it's 0% Interest for not extra cost for a certain period I'd take that, because
1) It's 0% interest, and if there are no hidden fees attached it's not costing you anything. But need to look for those hidden fees first.
2) In theory keeping your money in your bank account longer will keep giving you interest longer and a gain more, those interest rates for some banks are quite low.
3) Having it could really help your credit (if you can afford not and pay it off on time), helps your credit score having a big ticket item that you're paying off on time. Of course, the opposite could be true, if you can't afford it or miss payments and don't pay it off.
If it's 0% Interest for not extra cost for a certain period I'd take that, because
1) It's 0% interest, and if there are no hidden fees attached it's not costing you anything. But need to look for those hidden fees first.
2) In theory keeping your money in your bank account longer will keep giving you interest longer and a gain more, those interest rates for some banks are quite low.
3) Having it could really help your credit (if you can afford not and pay it off on time), helps your credit score having a big ticket item that you're paying off on time. Of course, the opposite could be true, if you can't afford it or miss payments and don't pay it off.