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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: making money on credit cards Date:  2/4/2013  11:36 PM
Author:  whyohwhyoh Number:  306759 of 313042

I always brag about making money on credit cards. A few years ago ...I ran up over $150,000 in credit card debt borrowing at 0% interest with low maximum balance transfer fee.

Nothing to brag about, this was actually quite common back around 2007, with various website providing step by step instructions. I actually borrowed $190k at 0% for around a year earning 4-5% in savings accounts. Crazy times back then.

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