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Investing with credit

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Money Talk > Investing, Stocks and Bonds

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Radix3d
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Cash: $ 21.60

Posts: 105
Joined: 20 Mar 2013

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quote:
Originally posted by Brownsfan2k5
Well this has been an interesting discussion! Ha. I do appreciate all the feedback. Question: if I use the check (provided in the letter mailed to me) to invest the whole $7,000 limit will that get considered a cash advance (not supported by the 0%) or will that she count as 0% for 18 months? I feel the best way to use this credit would be to invest the whole $7000 upfront otherwise I won't see much gains, if any.


Are you sure you are allowed to take a CA for the full credit limit? I'm pretty sure you can't but maybe your situation is different. You need to study your credit card agreement.
Post Sat Jan 11, 2014 10:00 pm
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