Strange article in the telegraph

[Deleted User]

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/03/cmcredit103.xml

For people who do regularly borrow money on their credit cards, a shorter interest-free period can be advantageous. This is because they will be charged interest for a shorter period.

Can someone please explain this statement to me? How can a shorter interest free period be good for people who "regularly borrow". I am confused!

CLAPTON

For people that regularly borrow, there is of course no interest free period because you pay interest from the transaction date until you make the repayment.
In the sense that the borrower will now be forced to make a payment earlier than before then I suppose you could argue he pays less interest.

[Deleted User]

But he still overall pays more interest, doesn't he?

PBA

If you don't pay the card off in full every month then you pay interest from the date of the transaction to when it's paid off, so the interest free period doesn't apply at all. I guess the article is suggesting that you'd get the bill sooner so you'd pay sooner, which is a bit ridiculous (you'd surely only borrow because you needed to, so only borrow for the amount of time you needed anyway). Makes far more sense to find a card with the lowest interest rate, rather than the shortest interest free period!