With the holiday season upon us, one personal finance site is sounding the alarm on a ubiquitous retail payment plan that many Americans say should be outlawed. It’s called “deferred interest." In a ...

With deferred interest offers, interest begins accruing immediately from the original purchase date, and if the balance is not paid in full by the end of the promotion period, the consumer is ...

Think twice before you get tempted by retailers offering a deferred interest credit card. Deferred interest is very tempting during the holiday shopping season. Shoppers can be lured into spending on ...

• Experts urge shoppers to proceed cautiously and avoid promotions that seem “too good to be true” As the holiday shopping season ramps up during what advocates call an ongoing affordability crisis, ...

In this episode of PennyWise, host John Kiernan and guest Adam McCann discuss the dangers of so-called “deferred interest” and how to avoid becoming a victim this holiday shopping season and beyond.