The Trap of Zero Percent Credit Cards

Are you still getting those zero percent credit card offers in the mail? I am. In fact, I can’t remember a time when I didn’t get them. My wife and I were thinking back the other day and realized that even in the days when our credit was poor or non-existent, we still received those offers. What’s the deal? Well the deal is that these little 0 APR credit cards are great loss-leading money makers for the credit card companies – still.