Hi davefla73,
To a certain degree you and George Greene are right. That's because your flexible friend as a variable rate and can fluctuate from month to month (check out your credit card contract on the reverse side of your statements). If you get into 'normal' credit card debt and roll it over, you could get really screwed.
However, interest free payments and fixed amount payments are exactly that.
No probs. I never leave home without mine.
Of course you would have to be certain that your source of money was stable to keep up with the payments.
Best regards,
Steve
Quote:
Originally Posted by davefla73
I guess known of you, listened to George Green, or beleave anything he said , because he said to get out of dept now why you still can, dept is the reason why this is all happening, and it might be use to your disadvantage.
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