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No Interest No Payment You see that offer on that TV for no payments til next year or the next 6 months or No interest for the next six months or til next year. Sometime you get both offers sometimes you only get one. Just dont confuse no interest versus no payment. No interest gives you the chance to pay down your outstanding balance faster by paying on the principal with no interest gains for the time being. No payments til X date means interest is still acruing while no payments are due til such a time the payments begin.
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