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No. of Recommendations: 6
The longer the 0% loan, the greater the risk that you miss a payment and then all the promotional terms of the loan are withdrawn and you are stuck with a high interest rate over a long period of time.

Yes for the financially unsavvy.

Who notes you may think you are good enough with your bills to never miss a payment, but life often makes other plans, so OP should ask if that is worth the risk...

It's pretty simple with a 0% loan. Take amount of loan and put cash you would have used in bank account. Set up bill pay to make monthly automatic payments. Never touch bank account for anything else.

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