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Cheap debt

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    Cheap debt

    0% Balance Transfer Credit Cards | Credit Card Offers | Nationwide

    26 months interest free, 0.75% transfer fee.

    Fill yer boots!

    The economy is built on cheap debt.

    #2
    Originally posted by DimPrawn View Post
    0% Balance Transfer Credit Cards | Credit Card Offers | Nationwide

    26 months interest free, 0.75% transfer fee.

    Fill yer boots!

    The economy is built on cheap debt.
    In theory you could get 10x5k 0% purchase credit cards then transfer forever, almost free 50k.

    Comment


      #3
      Well as long as firms continue to offer them, that is. I tried getting one from AmEx, a cashback card, but I think I have too much credit as it is, so might need to shed a few CCs and try again.

      Comment


        #4
        Tis annoying at the moment. Lots of cheap deals around and I love to stooze, but I'm also looking to move and even though its cheap its counted as 4x the debt off the amount a bank will lend you on a mortgage, so I've been having to unwind all my credit card debt before I go to the bank and ask for some more money.
        What happens in General, stays in General.
        You know what they say about assumptions!

        Comment


          #5
          Originally posted by Unix View Post
          In theory you could get 10x5k 0% purchase credit cards then transfer forever, almost free 50k.
          Or one for £19k, one for £14k and one for £11k

          While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

          Comment


            #6
            Originally posted by Zero Liability View Post
            Well as long as firms continue to offer them, that is. I tried getting one from AmEx, a cashback card, but I think I have too much credit as it is, so might need to shed a few CCJs and try again.
            FTFY

            Comment


              #7
              Originally posted by Unix View Post
              In theory you could get 10x5k 0% purchase credit cards then transfer forever, almost free 50k.
              That would only get me a shed in Guildford.

              I suppose I could buy a mansion in Swindon - but who wants to live there?

              BTW the economy is not just built on credit. Its built on immigration too.

              Comment


                #8
                Originally posted by BrilloPad View Post
                BTW the economy is not just built on credit. Its built on immigration too.
                Actually it's built on people who can spell and add up numbers.

                HTH

                Comment


                  #9
                  Originally posted by AtW View Post
                  FTFY


                  Nah, my credit record is actually squeaky clean. I think I need to get rid of the lacklustre ones and wait a couple of months, then re-apply.

                  Comment


                    #10
                    Originally posted by Zero Liability View Post
                    Well as long as firms continue to offer them, that is. I tried getting one from AmEx, a cashback card, but I think I have too much credit as it is, so might need to shed a few CCs and try again.
                    They want you to actually use the thing, not just carry it in your wallet as a status symbol and use a load of others.
                    Behold the warranty -- the bold print giveth and the fine print taketh away.

                    Comment

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