Search results

  1. kathryn d

    Good Debt vs Bad Debt

    Andrew L stated in his first post his cc debt was from an investment. This would be considered "good debt".
  2. kathryn d

    Good Debt vs Bad Debt

    The last credit card I paid off with money I was planning on using for a downpayment for a property. Figured I'd save some interest while I was waiting to close th deal. The credit card company decided after I paid it off to lower my credit 80%.I no longer had access to this money I needed to...
  3. kathryn d

    Good Debt vs Bad Debt

    Our credit card debt equals what we paid for our last property. I consider it a part of doing business. I had one of the creditors call last week and noticed we were at our limit and only making minimum payments. They wanted to know if we wanted to convert it to a loan instead, so I can pay it...
Back
Top