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re: Greedy or Generous? What says the OT
Posted on 3/12/14 at 10:13 am to Random LSU Hero
Posted on 3/12/14 at 10:13 am to Random LSU Hero
quote:
She has 9000.00+ in debt at 15% interest.
So clearly credit card debt, not student loan debt.
Why doesn't she take out a student loan at the standard fixed rate of 6.8% to pay off the credit card? Why doesn't she get a new credit card with a better rate and do a balance transfer? I think 7 points for a family member is a bit high.
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