Credit Card Debt for Investment

August 29, 2007 – 5:34 am

This is an interesting article about using credit cards for making money. I’m not sure that I agree with the practice but there are some great points here.

The question, as far as you’re concerned, is what you use those loans for. Do you use them to buy a television (and therefore pay for the television AND for the interest, or you use them to invest in a business that will give you an ROI (therefore making more money than you’re paying out)?

Via The Misconception of Credit Card Debt - Gnorb.NET - Online Home of Norbert Cartagena

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