Charge Cards

A charge card is like a credit card, except that you are expected to pay off all of the fee by the end of a number of weeks or months. If you dont pay this off within the time limit you are then charged interest or a penalty charge. The only problem is making sure you pay it back within the time frame. We have interest free loans over here say for furniture or what not. You may have interest free for 18months but once those 18 months are up you have to have paid the full amount or you will be then logged with a very high interest rate.