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I have a Lowes project card that gives 6 months interest free on major purchases, and no charges due in that time, and no interest id PIFffed in that time. I used it and it was fine
BUT - they have just informed me that due to the new financial regulations, thay have to change that, and a certain minimum payment is due every month. So beware!! Take Care!!
@MidnightVoice wrote:I have a Lowes project card that gives 6 months interest free on major purchases, and no charges due in that time, and no interest id PIFffed in that time. I used it and it was fine
BUT - they have just informed me that due to the new financial regulations, thay have to change that, and a certain minimum payment is due every month. So beware!! Take Care!!
I don't have the Project Card just the Lowes store card. I use it for the 1 year no interest, no payments promos. However, I still make monthly payments of about 10% of the balance. So thats not a problem for me. Thanks for the heads up tho.
After about six months making payments I get tired and pay off the balance and be done with it.
Lowes did say it was an across the board thing. I just wanted people to be aware if they had these "no interest" deals that they might get caught if they don't read all the apparent junk mail!
Cyrion wrote:
Several of my store cards told me that as well, one of them was Home Depot. I may be wrong but I believe that this is an across the board thing, meaning no one can offer the "no payments" option anymore, not sure why that was included in the new regulations, I liked the no interest, no payments option myself.