No. of Recommendations: 0

This is the answer I was looking for. My point is that most people don't think it through all the way. I think the vast majority of people don't understand that an think that somehow that there is such a thing as good interest, because it saves them money on their taxes.

Like you mentioned to this guy amortgage when you are planning on baying the debt of in a few months is not worth it. The closing costs will likley be more than the credit card interest paid, and certainly more than the tax benifit.

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