This is off topic, but I figure there must be some readers in this group that
can answer my question.
How do they do it? There's a furniture outlet (Levins') that is advertising a
sale with no money down, no interest, no payments until 2007. How do they do
this?
I've heard that on some of these deals that advertise "No Interest until 2007"
have you pay just the principle. The interest accumulates and is due in one
lump sum when the time comes.
But if the ad is correct for this furniture sale, no money exchanges hands for
three years.
What's in the fine print? What's the gimmick?
BTW, La-Z-Boy is offering the same sale.