Quote:
Originally Posted by MoreCowbell
I'm curious as to the strategy of those in the poll who say they are over 5k.
NOTE...I AM NOT JUDGING...I just want to know what your thought-process is here...
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I screwed up twice -- out of college I had >10k on the CC, and paid who knows how much in interest, but luckily, paid it off with the job sign on bonus...
Second time, most recently, but had the promo interest of 0% for 24 months so I did not pay any interest -- paid it off with the home equity (very small part of it, <5%) when we sold the house...
Stay away from the CCs!