DeluxeXL t1_iudovsh wrote
It's called a "deferred interest loan" or "no interest if paid in full within x months or else full retroactive interest applies". Merchants often offer this for large-ish purchases.
Did you sign or agree to anything?
RevolutionaryLion384 OP t1_iudq7cf wrote
I only remember signing a piece of paper in which she was writing things by hand as she was explaining the payments and how long the loan was. Like I said she never explained the part about there being another date, where interest gets dumped into my account if not fully paid off. Unfortunately I did not get a copy of this paper and I have tried calling the dentist's office and carecredit to see if they still have it but they don't.
KReddit934 t1_iudrb1d wrote
Another lesson learned is to always get a printed copy of anything you sign.
blakeh95 t1_iudsbt2 wrote
You should have still gotten a Truth-in-Lending Act disclosure, which would have provided you with information about things like your cost of credit.
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