Thread: Line of Credit
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Old 03-18-2009, 09:40 AM   #7
taylor192
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Quote:
Originally Posted by willystyle View Post
^ Use your credit card to make the purchase then use ur line of credit to pay off ur cc bill. Easy as that.
x2

Get a points card. I have flown 4 times in the past 3 years on points cause I make large purchases on the card, then pay off the card immediately.

Plus it can sit on your CC for 25-31 days without interest, while a LOC starts charging interest immediately.

Devils advocate: if you don't have the money to make a large purchase, you shoudn't be using a LOC or CC. Why are you spending $2K you don't have?
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