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Re: How to tap those -0-% CC offers?
Old 04-20-2005, 01:59 PM   #21
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Re: How to tap those -0-% CC offers?

You are exactly right about 0%, new purchases, and where the payments go first. I think there was even a court case (last year maybe?) regarding the nondisclosure of this practice. Be an informed consumer, don't make new purchases, and use the credit card companies 0% trap against them for your own benefit.

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Re: How to tap those -0-% CC offers?
Old 04-20-2005, 02:20 PM   #22
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Re: How to tap those -0-% CC offers?

Hello Charlie. You gotta read the fine print and ask the
right questions. I presently have about 40K
invested, which was obtained at -0-% APR. It's only
about $1200 income per year, but it's tax free
(in my case) and almost no hassle (kind of like money for
nothing). Anyway, I have picked up several thousand dollars of income this way since the -0-% APR offers
began. It is getting too difficult for me now it seems. You need
huge credit lines and long term -0-% promotions to make any real money. It's kind of fun to match wits
with the CC companies though.



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