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INTEREST FREE - Is it mis-selling?

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  • Herzlos
    Herzlos Posts: 15,896 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Nick_C wrote: »
    Borrowing money is often free.

    I own my CC company more than £2k. I won't pay them any interest.

    I can borrow £250 for as long as I like from First Direct, and they won't charge me anything.

    Your credit card skims a couple of percent from the vendor for the transaction, so the credit card company still makes money and the sale price has likely been increased to compensate.
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Its about as mis-selling as advertising a £300 laptop for £600 for 3 weeks of the year and offering
    it at 50% off sale for the other 49 weeks.

    Marketing BS and if it works and it sells then happy days.
  • Ian_875
    Ian_875 Posts: 105 Forumite
    Sixth Anniversary 10 Posts
    gycraig wrote: »
    I work at dfs

    When does the sale end? :rotfl:
  • Ian_875
    Ian_875 Posts: 105 Forumite
    Sixth Anniversary 10 Posts
    The flip side to this is we just bought something on 0% finance despite having the cash to buy it outright as it's good for the credit history later down the line
  • Clive_Woody
    Clive_Woody Posts: 5,938 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Ian_875 wrote: »
    When does the sale end? :rotfl:
    A1Fa9IuoTPL._RI_.jpg
    "We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein
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