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0 % Credit Card Offers Coming Back? Are The Strings Loosening Up?

1846 Views 11 Replies 8 Participants Last post by  W-Tinc, 
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0 % Credit Card Offers Coming Back?

In the past week, I have received 3 offers from Capital One CC with 0 % on purchases until September 2010.

I haven't received any for around 8-12 months until now.

Is this a sign of the Credit Card Banking Industry starting to loosen up the strings a little bit?

I am not going to get these, (Well, If They Were Balance Transfer Accounts I Would), but I just wanted to take the pulse of the Industry, So To Speak.

What offers have started to come forth to you recently?

Is that different than the past 8-12 months as in my case?

Ed





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I've been getting offers like this lately:
- No interest, no payments if paid in full in 6 months
- No interest, no payments if paid in full in 12 months
- No interest, if paid in full in 18 months, minimum payments required
- No interest, if paid in full in 24 months, minimum payments required
- No interest, if paid in full in 36 months, minimum payments required
Click to expand...
...the interest seems to balloon to 18% on default.
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