O% Credit Card Offers Are A Trap

John Chow has written a great article explaining why 0% interest credit card offers can actually be a trap. It basically comes down to make sure you read

Back here I wrote about how I’d applied for a GE Money Mastercard because they were offering a 0% interest offer. I read the fine print and realised that the 6 months was likely to be less than 3 months and didn’t go ahead with it because the money I’d save wouldn’t have left me much change after I’d paid for the stamp to apply for the transfer.

Read The Article Here

The best laid plans………

A couple of posts back I wrote about how I had taken a cash advance on my credit card to pay for another car and the plans I had to pay this back quickly.

Well it’s all fallen apart.

The extra coin I had has gone on living expenses, the domain name I was hoping to sell didn’t gather any interest, and the friend I was going to wreck my old car with has got a bit sentimental on me and won’t take a spanner to it.

This obviously calls for another plan to quickly pay off this extra credit card debt. I’ll have a good think about it and let you know what works out

Sorry if you left a comment

I just nuked somewhere around 1700 spam comments that had been left since my last post.
There was so many that I didn’t even bother checking to see if any were real.
If you left a comment then I’m sorry and please feel free to try again.
I’m going to change the settings so that only registered users can post, sorry if that annoys anyone but I’m not prepared to waste my time on dealing with this garbage.