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re: Paying off a credit card too soon?

Posted on 2/26/14 at 10:41 am to
Posted by Lsut81
Member since Jun 2005
80261 posts
Posted on 2/26/14 at 10:41 am to
quote:

You'd be surprised at how much of a better deal I have been able to get at my local jewelry store because I pay in cash. I'm talking thousands


Yeah, no doubt... But my point is, if he's already got 0% financing with a balance on there. Why would he rush to pay if off? Pay the minimum and put the rest into an account where he can make money or earn interest.

Of course, if its only a few hundred, then just pay that shite off and be done with it.
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