"Will this adversely affect my credit history a year or two in the future - having had several thousands of dollars of debt for 9 straight months?" Assuming you make all the payments on time, after it is paid back there shouldn't be anything adverse on your credit report from the cards other than "paid as agreed". Back in July I was offered 0% for one year. I took 'em up on it and put the money in CDs that will mature in June, so I'll have the money to pay it off before the loan is due. Initially I needed to buy a car, but now I have put back the money and it is sitting waiting. Meanwhile I make the monthly payments on the loan out of income. Haven't pulled a credit report recently, but I haven't been worried. I already have the new car, and I don't plan to buy a new house anytime soon, so I'm not concerned. But the chance to make some interest on free money and then pay it back after a year was just too good to pass up! Now, if either of us would miss a payment, of course the sky would fall in as far as this being profitable. Your risk is greater than mine--the CDs WILL mature! Best wishes, Chris
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