Search results

Reply: 2.1.1.1.1.1 From: Owen . Kellie, What if the balance of your credit cards was withdrawn via a cash advance and placed in a bank account. If it was my previous example of $50k then this must have an effect on the banks calculations. It would only have to remain in the account for the...

Reply: 2.1.1.1 From: Owen . Jeremy, If you have say $50k in credit cards, how do the banks look at this when it comes to getting finance? Even if they are empty they will still count the funds as used and calculate repayment costs. Same with a empty LOC. How do you get around this while...