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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (28177)3/15/2005 8:11:00 AM
From: yard_manRead Replies (1) | Respond to of 306849
 
A Hill of credit-card debt

hillnews.com

Ackerman, for example, said that he routinely transferred a high balance from one account to another, which would be reported in the same way if he had carried a high balance on all the cards at the same time.

"If you do it carefully, you wind up paying nothing in interest," he argued. "If someone is going to give you free money, I want to be in that line." Asked if he planned to pay off the balance for good, he said, "If they keep offering zero percent interest for three months, I'll do it forever. … Do you wanna loan me a couple of bucks at no interest?"