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Yeah, interesting "loophole" in the whole loans system. I'll have to do more research.
by tedmiston 10y ago
Yeah, interesting "loophole" in the whole loans system. I'll have to do more research.
- sethhochberg 10y agoYep, my scenario was exactly like aianus's above. 1% transfer fee was much better than 6% interest since I planned to pay the balance off within the 18-month zero-interest period anyways. The card company issued paper checks specifically for the purpose of a balance transfer.