Ok you finance guys 0% for 18 mo

[Jebinok]

ok quick question, on those 0 % for x months, after the x months expire, does the interest start on the remaining balance or on the orginal balance transfer?

 

[jb32566]

It depends. Unfortunately, it's usually retroactive from day 1 and it's not just simple interest, they'll treat it like it was added to the principal, unpaid and will compound it each month from day 1 to present and add that amount to the amount you owe. If you have a 0% loan which is about to expire and haven't paid it off, you may wish to look at the specific terms and get another loan with low interest to pay it off.

 

[F.M.]

As a former finance manager, "same as cash" loans or 0% for X months loans are only good if you can pay then off in the specified promotional period. If not, find a installment loan with a good rate.