Monday, April 6th, 2009 I generally oppose adding debt, especially when debt is being used to finance a lifestyle that does not fit your income. However, there are times when a loan is the only way to solve a major problem. Obviously, you will want the lowest interest rate possible on that loan. Introductory ...
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Saturday, March 28th, 2009 A zero percent introductory rate on a credit card is a good deal, but not necessarily a great deal.
In the mid-2000's and even into 2008, 0% balance transfer cards were all over the internet and in your mailbox. Every credit card company was offering introductory rates of 0% interest. Eventually, ...
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Monday, June 2nd, 2008 In March of this year, I shared how our credit score plummeted from 748 to 618 last year.
This last month, I paid off the three largest balance transfers that we made during our bank bonus, credit card bonus and stoozing spree. We had borrowed between $11,000 to $13,000 from each ...
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Thursday, February 14th, 2008 This post is part of a series on how to increase your return on balance transfer arbitrage by using Lending Club. Balance transfer arbitrage is the practice of acquiring large sums of money from a credit card at 0% interest, depositing the cash in the bank and then profiting from ...
Posted in Lending Club | 7 Comments »
Thursday, February 7th, 2008 I made my second set of loans at Lending Club last week. I plan to lend $50 to $100 every month for the rest of the year. Each month, I will use a different set of criteria in order to spread out my risk and optimize my rate of return. ...
Posted in Lending Club | 12 Comments »
