Originally Posted by
joebenz
i see the point cuz you can continue to collect interest on the money you are not spending. and plus i dont forget to make payments, which is why my credit score is 800+ ...at least it was when i bought the house
h:
but again, i dont open new accounts to do that anymore...only do it if i already have an account with the company with the offer
yes but see, opening those accounts will lower your credit score
but how much interest can you make on say $100 for 6months? now compare to how much interest you can potentially pay if you forget to pay it off full at the end of the 6months. keep in mind the interest you pay will be retroactive from the first month.
it's not like we're talking about big ticket items like cars or 60" tvs.