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The Water Cooler
General Discussion
People are delinquent on almost everything they owe money on
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<blockquote data-quote="wolfman1" data-source="post: 4231176" data-attributes="member: 53876"><p>Pre the 2008 crash I used to do that. I had 3-4 cards with 60-80 K limits, all cash except the AMEX, and they were offering 0% for 12-18 months. I'd max them out then buy certificate of deposit paying 3% and wait til they matured then pay them off. After the crash those high limits and great rates left faster than ....</p></blockquote><p></p>
[QUOTE="wolfman1, post: 4231176, member: 53876"] Pre the 2008 crash I used to do that. I had 3-4 cards with 60-80 K limits, all cash except the AMEX, and they were offering 0% for 12-18 months. I'd max them out then buy certificate of deposit paying 3% and wait til they matured then pay them off. After the crash those high limits and great rates left faster than .... [/QUOTE]
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The Water Cooler
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People are delinquent on almost everything they owe money on
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