Watch Out For Sneaky New Credit Card Fees
- Thread starter ArkRescue
- Start date
Mongo53
New Member
Not sure what the mortgage rates have done in the last 6 mo, but 6 mo ago I re-finiace my mortgage and taking advantage of the rates, took out what I need to zero my credit cards and I'm still paying a lower monthly mortgage.
Just a course of action to consider, if re-finiancing a mortgage makes sense as well.
I also bought a home just before the boom, so I was also in a more advantagous position than many for re-finiancing.
Bad economy, some will tell you its less harmful to carry debt, but some people are starting to rethink that, with how much paper that is being thown into the economy right now and credit a linch pin of the crisis, some bad things may be coming for the credit card industry and those that have debt in it. Another way to look at it, its always a good time to get out of debt.
Just a course of action to consider, if re-finiancing a mortgage makes sense as well.
I also bought a home just before the boom, so I was also in a more advantagous position than many for re-finiancing.
Bad economy, some will tell you its less harmful to carry debt, but some people are starting to rethink that, with how much paper that is being thown into the economy right now and credit a linch pin of the crisis, some bad things may be coming for the credit card industry and those that have debt in it. Another way to look at it, its always a good time to get out of debt.