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re: How much credit card debt are you in?
Posted on 10/21/15 at 8:40 am to VABuckeye
Posted on 10/21/15 at 8:40 am to VABuckeye
About to take out $10k for 18 months on a credit card. 2% up front and 0% interest if paid in full by 18 months. Using it to hit 20% down on a second home.
It is cheaper going that route than going through any type of rate I could get through the bank. Not all carried credit card debt is bad. If I find my situation that I can't pay the balance in full by its term, I'll just pull an unsecured LOC from my bank until I can or transfer to another interest free card.
It is cheaper going that route than going through any type of rate I could get through the bank. Not all carried credit card debt is bad. If I find my situation that I can't pay the balance in full by its term, I'll just pull an unsecured LOC from my bank until I can or transfer to another interest free card.
This post was edited on 10/21/15 at 8:44 am
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