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- May 1, 2006
OK guys so last summer I took a trip to San Fran and decided to live outside of my means and ran up a platinum citicard with a $1200 limit. That card had no interest for a year and the year is now up.
I paid the card 3/4 off last month but car troubles have me at $1184 in the hole again. Today I signed up for a bank of America card with an $800 limit with 0 interest for a year. I think I am going to use all $800 to pay off the citicard and pay the remaining $384 myself. That way Ill owe $800 interest free and have a year to pay it off. Is this smart?
Btw, I am a 20 year old college student working min wage. Every now and then I make lump-sums of money from working camps and whatnot so I should be able to do this, right?
I paid the card 3/4 off last month but car troubles have me at $1184 in the hole again. Today I signed up for a bank of America card with an $800 limit with 0 interest for a year. I think I am going to use all $800 to pay off the citicard and pay the remaining $384 myself. That way Ill owe $800 interest free and have a year to pay it off. Is this smart?
Btw, I am a 20 year old college student working min wage. Every now and then I make lump-sums of money from working camps and whatnot so I should be able to do this, right?