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Old 09-13-2009, 10:53 PM
welshboy welshboy is offline
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Join Date: Sep 2009
Posts: 4
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your choices with the money that you have is can you make more money if the amount was invested than you are currently paying in CC interest. with today's financial situation your not going to make 9% guaranteed return on your investment. So pay off your non tax deductible debt (credit card) and then take out a investment loan for the same amount which becomes a tax deductible debt. to continue to have good credit you should use your credit cards to pay your monthly bills, phone, cable etc, your paying them anyway so you are continuing to use credit but not have a monthly balance. most credit cards will give you a interest free grace period. check your card

that's my view anyway
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