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re: Quicker way to pay off credit card dept question
Posted on 10/9/17 at 9:30 am to FieldMink
Posted on 10/9/17 at 9:30 am to FieldMink
Say you take out a loan for this. If an unexpected expense comes up how are you going to pay for it? If the answer is to put it on a credit card and you can't pay it off when the statement hits then the loan is the wrong choice. You'd just be repeating the cycle that got you into debt in the first place and now you have the loan and more credit card debt.
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