61
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Oct 2024
61 points (90.7% liked)
Economy
366 readers
346 users here now
Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.
founded 1 year ago
MODERATORS
I picture a 36 month interest free loan on a big purchase could be "good" debt.
I don't tend to buy things unless I can afford it outright, but sometimes the interest free option is enticing by letting me keep my money accumulating interest in savings each month and slowly paying off that purchase. In doing so it helps my credit rating should I need it in the future for an emergency.