We just bought a new house and put a large amount down. We're getting a new sofa, new refrigerator and new washer/dryer. Each store (Furniture Row, Home Depot and Best Buy respectively) is having a no interest for XX months type of deal and it looks really attractive to make smaller payments each month for the next 24 months.
I've done this in the past several times and have always paid it off before the term is up. So I don't think we'll have any issues with these. However, my main concern is opening 3 new credit lines all in the same week. Is this a major bad idea? Not sure if it matters, but I think each one uses Citibank.
Submitted August 30, 2017 at 08:58AM by black_tshirt http://ift.tt/2wh9gr5 personalfinance
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