06-21-2008 08:34 PM
06-21-2008 10:03 PM - edited 06-21-2008 10:05 PM
06-22-2008 08:04 AM
06-22-2008 08:53 AM
06-22-2008 12:30 PM
Watchmann wrote:Personally, I don't think it is good practice to pay a loan with a loan, even if you are committed to PIF immediately. It just sets a bad habit and sets up the possibility of skipping a payment on the CC balance if something more interesting comes along during the month. A house loan and car loan are financial committments that need to be paid with hard assets. You need that discipline. Mortgage lendors don't want to pay 1-3% fee on a CC payment (you can't blame them), and the payment you would give them via a CC is always subject to default, not something they want to do.
06-22-2008 01:05 PM
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