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I'm the type who will gladly jump through annoying hoops to save a couple bucks (mail-in rebates, etc)...It's just my nature.

A few days ago I thought of an idea that could make me some money in stocks, involving borrowing money from my credit card and investing it.

Essentially I have a high credit limit and can borrow a fairly large amount at a very low interest rate, invest it for 9 months, and then pay back the principal, keeping the interest for myself.

This may sound risky to those reading this and I'll acknowledge that those thoughts are going through my head however, for now I'm really concerned with the following: During the period between now and next September, I will be making small payments on my credit card, but leaving a large amount unpaid. 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?

Can anyone point me to a resource that can confirm this?

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