Thursday, July 3, 2008

Good Credit Card Debt! How to profit from Credit Cards!!!

Here's how to do it:

Take advantage of those low APR % 's. If you can get 0% this is a must! Take advantage by taking money from your 0% APR balance transfer offers and instead of spending it, place it in a high -yield savings account that actually earns 3-4% interest or more. The difference is your profit.

Too easy.

As alway with credit cards, be careful with your balance to limit percentage. Going closer to the limit lowers your score, even though the account is still current and in good standing.

Helping make your money work for you,
Josh
Phoenix, AZ

No comments: