[Market-farming] "new" vehicle

Andy Fellenz fellenz at fltg.net
Sat Feb 21 20:21:12 EST 2009




>> Also, can anyone advise me on the logistics of putting a large purchase on
>> new 0% interest credit cards?
>>
>>
>>
>> Thank you.
>>
>>
>>
>> Beth Spaugh
>>     
> You will typically pay a 3% or more fee on the money you are borrowing and the term of the 0% loan is often less than 6 months.  At the end of the 0% term, the interest rate will go to whatever the default rate is on the card account.  If you do this, you also want to make sure that you use a card that will not be used for any other charges as your payments are usually applied to the lowest interest rate balances first.
>   

Andy
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