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re: How much credit card debt are you in?
Posted on 10/20/15 at 10:25 pm to foshizzle
Posted on 10/20/15 at 10:25 pm to foshizzle
quote:I wouldn't really classify that into this conversation. 0% intro rate is obviously smart money management if you have full intentions on paying off when that intro rate is over. My comment was more along the lines of 99% of the other circumstances of people carrying CC debt
Not true if the interest rate is zero.
1
Posted on 10/21/15 at 8:04 am to TigerTatorTots
quote:
if you have full intentions on paying off
Most people do have those intentions. The probably is that most people also don't pay the balance off before interest kicks in. That's why they call it a teaser rate.
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