Putting a Down Payment on a Credit Card
Author: Mike.Main
Posted: Sun Oct 30, 2005 7:36 pm
Post subject: Putting a car down payment on a credit card
Do you guys have anything against that, assuming my card has a much lower interest rate than my auto loan?
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Author: mouse
Posted: Sun Oct 30, 2005 7:39 pm
Post subject: Re: Putting a car down payment on a credit card
Mike.Main wrote:
Do you guys have anything against that, assuming my card has a much lower interest rate than my auto loan?
Why only the down payment?????????
(assuming you get miles or points or cash back REWARDS)
ASSUMING the bill is PAID IN FULL or it has a 0.00% BT/PURCHASE rate or you can BT it to another card that does have a 0.00% BT
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: JaneiR36
Posted: Sun Oct 30, 2005 7:47 pm
Post subject: Putting a Down Payment on a Credit Card
Only risk is will you be able to get another low interest rate when the one you're currently eyeing expires? Especially if you can get those 0% for life BT's, that would be SWEET!! Other options would be great but you just have to keep an eye on your credit and have an exit plan in case you lose your job and your credit starts to plummet, for instance.
Author: mouse
Posted: Sun Oct 30, 2005 8:14 pm
Post subject:
I personally have done it TWICE this year
THE WHOLE THING NOT JUST A DOWN PAYMENT!!!
AMEX DELTA (DOUBLE MILES)
Author: astounding
Posted: Mon Oct 31, 2005 9:07 am
Post subject: Putting a Down Payment on a Credit Card
Does anyone here get a car on a monthly payment plan?
Because that's what the smart financial investors do since they
know that the car's value will depreciated every 5+% every year.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Sun Oct 30, 2005 7:36 pm
Post subject: Putting a car down payment on a credit card
Do you guys have anything against that, assuming my card has a much lower interest rate than my auto loan?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouse
Posted: Sun Oct 30, 2005 7:39 pm
Post subject: Re: Putting a car down payment on a credit card
Mike.Main wrote:
Do you guys have anything against that, assuming my card has a much lower interest rate than my auto loan?
Why only the down payment?????????
(assuming you get miles or points or cash back REWARDS)
ASSUMING the bill is PAID IN FULL or it has a 0.00% BT/PURCHASE rate or you can BT it to another card that does have a 0.00% BT
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: JaneiR36
Posted: Sun Oct 30, 2005 7:47 pm
Post subject: Putting a Down Payment on a Credit Card
Only risk is will you be able to get another low interest rate when the one you're currently eyeing expires? Especially if you can get those 0% for life BT's, that would be SWEET!! Other options would be great but you just have to keep an eye on your credit and have an exit plan in case you lose your job and your credit starts to plummet, for instance.
Author: mouse
Posted: Sun Oct 30, 2005 8:14 pm
Post subject:
I personally have done it TWICE this year
THE WHOLE THING NOT JUST A DOWN PAYMENT!!!
AMEX DELTA (DOUBLE MILES)
Author: astounding
Posted: Mon Oct 31, 2005 9:07 am
Post subject: Putting a Down Payment on a Credit Card
Does anyone here get a car on a monthly payment plan?
Because that's what the smart financial investors do since they
know that the car's value will depreciated every 5+% every year.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 10:46 PM
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