Yes, you’re given the chance to pay off the balance at the old rate; that is, if you pay it off in full!
That is when those 0% balance transfers offers that gets put into your mailbox come into handy.
Years ago we bought a new second car and never paid a penny interest. You really have to pay attention to the details. Why people don’t consider the details is not for me to answer. Living within your means will do wonders for your mental health.
“Yes, you’re given the chance to pay off the balance at the old rate; that is, if you pay it off in full!”
Is that right? If they allowed her to pay it off with the old interest gradually, then I wouldn’t have much of a beef with the bank.