The guy says before he gave me all the stuff to take home and fill out and gave me some ideas...said I shoud even RE-RI my CREDIT CARD PORTFOLIO even if it is all 0.00%-5.99%... He said it will become TAX DEDUCTABLE and PAID OFF SOONER... I'M QUESTIONING THE LOGIC OF 0.00%... F.Y.I. 5.50% 15 years...(I hope it is lower tomorrow afternoon) Would they make us close any accounts??? BETTER NOT!!!
Hi GEORGE I too would question the logic of saying you can save money by paying off a 0% int. CC with a 5.5% mortgage. Yes you can deduct up to the 1st $100,000 worth of mortgage on your taxes, but even then ???????? I would suggest that you get a second opinion from a tax advisor. Enjoy fla-tan
Uhhh, let's see... 0% and unsecured 5.5% and secured 0% and unsecured 5.5% and secured 0%and unsecured 5.5% and secured Seems like an easy choice to me, unless you can't afford to pay off the CC before it starts costing 10% or something. I have NEVER understood people willing to risk their home by converting paper debt to collateral backed gold. But hey, it's not like I'm a tax advisor, so I could be completely clueless...
acutally I took it as a compliment...as in I am a "10" ..................... fla-tan soon to be a fla-ten officially
