http://ask.metafilter.com/tags/0interest Questions tagged with '0interest' at Ask MetaFilter. Wed, 18 Jul 2007 05:18:32 -0800 Wed, 18 Jul 2007 05:18:32 -0800 en-us http://blogs.law.harvard.edu/tech/rss 60 http://ask.metafilter.com/67232/Using%2Da%2D0%2Dinterest%2Dcredit%2Dcard%2Dto%2Dpay%2Dthe%2Ddifference%2Dbetween%2Dour%2Dtradein%2Dand%2Da%2Dused%2Dcar Using a 0% interest credit card to pay the difference between our trade-in and a used car? I've been entertaining the idea of paying the difference between our trade-in and a used car (about $2400) with a 0% interest credit card and paying it off by making monthly payments of $200 for the first 12 months (0% rate lasts 15 months.)<br> <br> I know about the risk of the interest rate going up if we are late on any payments, but I am confident that will not happen--we have auto draft on all of our bills and carry no other credit card balances. I am pretty organized and stay on top of our finances--I don't make late payments. <br> <br> The car we are considering has fairly high mileage which means the interest rate we would get on a car loan would be pretty high.<br> <br> Am I missing any red flags as to why this might be a bad idea? tag:ask.metafilter.com,2007:site.67232 Wed, 18 Jul 2007 05:18:32 -0800 0interest carloan creditcard saucy