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There are two types of interest. One is good and one is bad, depending on what side of the deal you are on. If you are on the side where someone is giving you money, than it would be more beneficial for you to have interest, because the longer it takes them to pay you, the more they have to pay. But of course if you are on the other side, than you have the advantage, because no matter how long it takes you to pay, your payment won't increase because of the time.

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Q: What are the disadvantages for an interest free deal?
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