Honeymoon rates might be attractive since they present a promise for a low- interest period, but they also bear the risk of accruing significant levels of debt, which are ironically driven by high interest rates and charges.

Question

Quizplus · Accepted Answer

Honeymoon rates offer initially low interest rates that can increase significantly after the introductory period, potentially leading to higher debt if not managed carefully.

Honeymoon Rates Might Be Attractive Since They Present a Promise