CPA Financial Musings: Credit Cards Ramp Up 0% Offers

Banks are now pulling the 0% teaser rates on their credit cards again to reel people in.  You have to be careful here, because if you miss a payment or don’t pay off the card before the teaser rate expires, this money will get extremely expensive!

Here is an article in the Wall Street Journal by Jennifer Waters that discusses things in a little more detail:

http://online.wsj.com/article/SB10000872396390444327204577617711628787468.html

Just be careful about getting in too deep.  Remember, banks are offering these rates for a reason!



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