Mattresses: 6-18 Months No Interest No Payment Plans

Thinking it’s too good to be true? Well it's not. It can have several other effects to your personal credit but personally I like these plans.

When buying a mattress sometimes you can use other people’s money at 0% interest. Why not? How does that work? Who pays for it? Almost all mattress retailers have contracted with Wells Fargo and American General (too name a few) to offer promotional financing to their customers. The retailer will pay a percentage fee on the transaction. This fee ranges anywhere between 2.5% up to 14.5% with Wells Fargo. This fee is not paid buy the customer and is charged to the retailer.

But be careful! If you don’t pay off the balance due at the end of the term you will suffer 20%+ interest charge on the amount due.