20k BT Just For The Hell Of It?

[Anonymous]

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@Runitup wrote:
That's what I'm talking about. The banks want to give me essentially free money I'm just trying to find ways to take advantage. I was thinking about potentially doing the Lending Club thing and some other things.

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If you want to take these offers you should be investing in some serious business not high yield stuff... takes money to make money so i see why you are interested in taking advantage of opportunity but you need to find better investments.

[longtimelurker]

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@IWOL wrote:

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@Runitup wrote:
That's what I'm talking about. The banks want to give me essentially free money I'm just trying to find ways to take advantage. I was thinking about potentially doing the Lending Club thing and some other things.

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Lending Club investing is not without risk. You will potentially be putting a strain on your relationship with your creditors. Its just not worth it for the small return.

If you could scale it up to say a million dollars borrowed at 0% with no risk on the pricniple and a 1% return that might be worth it but why mess with your creditors for $200?

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Right, my thought was that is perhaps slighlly borderline behavior, and if you are happy doing that, there are things that are much more profitable with similar or less risk.

[Kostya1992]

Why go through all that trouble? Just send money from slate into checking.

[JSS3]

Which Capital One card is offering you a check?

[Runitup]

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@JSS3 wrote:

Which Capital One card is offering you a check?

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Venture1

[Runitup]

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@Kostya1992 wrote:

Why go through all that trouble? Just send money from slate into checking.

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Option not available, only traditional BTs.