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 ...
Posted in credit cards | No Comments »
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, ...
Posted in credit cards | 1 Comment »
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 ...
Posted in credit score, economy | 1 Comment »
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 »
