So more than ever, I feel like I've seen people really be tempted by zero percent interest

loans. And honestly, I get why this is an appealing option, but there are multiple financial

offers out there in the world that are too good to be true. So today, we're going to talk about

five of the most common that I see and steer you in a better direction than these because they're not great.

But first, make sure to subscribe to the channel, share this episode with a friend. All right,

number one, the first financial offer that is too good to be true is zero percent interest loans.

So zero percent, yes, I get is very intriguing, but that does not

mean that it is free. You're still paying full price for something over the long term. And in fact,

it ends up sometimes being a worse offer because of the stipulations and how strict the

repayment options are. So a lot of people get into it because they're like, oh, well, if it ever had interest,

I wouldn't be able to afford it in the first place.

And then if they find themselves having an emergency, then they don't have the margin to pay the payment.

And if that's the case, you guys, sometimes it's crazy what happens, what they do with it.

They will upcharge you interest all the way back

from when the loan began. They will take your loan, sometimes up the payment in general, what you have

to pay for. Some even say, okay, now you owe all of this within 30 days. It is terrible. It puts you in

a really bad system that, again, on the front end seems great, but for a lot of people, it ends up,

they get screwed in the process and it's not good. So I'm not a fan of loans in general,

but especially with the 0%, it's, again, very enticing, but when you look into the fine print,

not good. Number two is buy now, pay later. So this is just another way to take on debts,

and merchandisers know this and they know how

much money you end up spending more when you use buy now, pay later because you go in to buy,

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