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re: Interest Free Credit Card

Posted on 6/3/16 at 8:14 am to
Posted by GeauxTigers777
Member since Oct 2007
1577 posts
Posted on 6/3/16 at 8:14 am to
My only caution would be to make sure you can pay it off,or that big interest you now have on your student loan will start to look small. After the interest free rate, typical rates increase to 18% or more. I would hesitate to do this unless you have the money in the bank to pay it off now.

I know the counter argument is that you could just continue to roll it over to new interest free cards. There are just too many variables for my liking.
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