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Reply: 1.1.2 From: Dale Gatherum-Goss HI Mark! It is a strategy that works for some. It means that you do not have to pay any more interest for another year, if you wish. It means that you might get a little more discount on your interest rates (which is always good) and it means that you...

Reply: 1 From: Dale Gatherum-Goss Hi Rixter! Yes, you pay a full year's interest up front and then claim the entire payment as a tax deduction. For example, between now and June you continue to pay the required interest each month. In June though, you ask the bank for a discounted rate if...