Learn About Financing from: green sky

Deferred interest loans are not the same as a 0% APR promotion. Interest is being charged to the account every month during the promotional period, BUT the interest is waived if the purchase balance is paid in full within 12 months.

Fixed rate loans require a minimum monthly payment during the introductory period. During the introductory period, payments are based on a percentage of the total purchases. Amortized payments are based on the balance at the end of the introductory period, so payments are equal across the loan term. There is one clearly stated APR associated with each plan.