Consumer debt hit an all-time high last year
Discussion
youngsyr said:
Granfondo said:
youngsyr said:
Granfondo said:
youngsyr said:
Granfondo said:
Does anyone know if you can get 0% interest money out of a credit card?
Really, if you don't know the answer to this, or ways around it, I'd advise staying out of discussions on consumer debt. You know there's this wonderful source of information, with billions of articles explaining almost everything, and it's available at your fingertips. You don't even need to leave your seat to access it. Its called "the internet", you might have heard of it?
Likewise anyone else who doesn't know.
Your education isn't my responsibility.
Granfondo said:
youngsyr said:
Granfondo said:
youngsyr said:
Granfondo said:
youngsyr said:
Granfondo said:
Does anyone know if you can get 0% interest money out of a credit card?
Really, if you don't know the answer to this, or ways around it, I'd advise staying out of discussions on consumer debt. You know there's this wonderful source of information, with billions of articles explaining almost everything, and it's available at your fingertips. You don't even need to leave your seat to access it. Its called "the internet", you might have heard of it?
Likewise anyone else who doesn't know.
Your education isn't my responsibility.
You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
youngsyr said:
Why should I bother?
You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
Do you actually know?You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
Granfondo said:
youngsyr said:
Why should I bother?
You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
Do you actually know?You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
So either look it up and come back with an informed opinion or kindly stay away from subjects you know nothing about.
youngsyr said:
Granfondo said:
youngsyr said:
Why should I bother?
You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
Do you actually know?You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
So either look it up and come back with an informed opinion or kindly stay away from subjects you know nothing about.
You love posting your opinion and when you could actually have something interesting to post you go all shy and defensive!
Maybe you have had a look yourself and your money for nothing "investment" has hit some snags?
Granfondo said:
youngsyr said:
Granfondo said:
youngsyr said:
Why should I bother?
You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
Do you actually know?You're arguing against me in a thread on consumer debt whilst having absolutely no idea how even the basics of consumer debt work in the zero percent interest era.
If you want to engage in the discussion, go away and educate yourself. Until then it's a waste of my time even engaging with you.
So either look it up and come back with an informed opinion or kindly stay away from subjects you know nothing about.
You love posting your opinion and when you could actually have something interesting to post you go all shy and defensive!
Maybe you have had a look yourself and your money for nothing "investment" has hit some snags?
Are you stating that I have some sort of investment, that you don't understand, but you know it's not viable?
I'd quit while I am behind, if I were you.
youngsyr said:
So, having had your ignorance shown up for what it is, what's this latest ridiculous tangent you're trying to take us on?
Are you stating that I have some sort of investment, that you don't understand, but you know it's not viable?
I'd quit while I am behind, if I were you.
I have already said a few times now that I don't know how to get free cash out of a 0% credit card and would like you to explain it to me and the rest of the thread?Are you stating that I have some sort of investment, that you don't understand, but you know it's not viable?
I'd quit while I am behind, if I were you.
Granfondo said:
youngsyr said:
So, having had your ignorance shown up for what it is, what's this latest ridiculous tangent you're trying to take us on?
Are you stating that I have some sort of investment, that you don't understand, but you know it's not viable?
I'd quit while I am behind, if I were you.
I have already said a few times now that I don't know how to get free cash out of a 0% credit card and would like you to explain it to me and the rest of the thread?Are you stating that I have some sort of investment, that you don't understand, but you know it's not viable?
I'd quit while I am behind, if I were you.
youngsyr said:
crankedup said:
Expect younger is up to his ne k in debt without a. are in the World. Seen and heard of so many people who overstretched themselves and then have the rug pulled from under them.
In the 80's/90's we had people buying houses with 100% mortgages, the gamble was that the house price would rise at a faster rate than the loan debt
Why are you attacking the person making the argument, rather than the argument itself?In the 80's/90's we had people buying houses with 100% mortgages, the gamble was that the house price would rise at a faster rate than the loan debt
Edited by crankedup on Thursday 29th June 19:02
Edited by crankedup on Thursday 29th June 19:03
Seems pretty clear to me that if you can borrow £XXX at 0% and stick it in the bank earning 2%, then it's a no brainer that you would do so. The bank is paying you to hold their money for them.
That situation is more than possible now, it wasn't possible in the 80s and 90s.
So, why are people tyring to use 30 year old data as proof that people are doomed today?
Nobody is suggesting that the current crop is doomed, far from it, the World is a big place, go explore.
If you wNt to take out loans to invest go ahead, you won't be the first nor last.
Granfondo said:
youngsyr said:
And as I said before, if you don't know how or can't be bothered to look it up, then you've no place arguing in a thread on consumer debt.
Does anybody know how it's done since youngsyr doesn't?You do realise it's pretty basic knowledge? What makes it even worse is that another poster has already outlined how it works in this thread AND there's a page on a website linked in this thread that will tell you in detail how to do it.
Some people can't be helped though.
youngsyr said:
Granfondo said:
youngsyr said:
And as I said before, if you don't know how or can't be bothered to look it up, then you've no place arguing in a thread on consumer debt.
Does anybody know how it's done since youngsyr doesn't?You do realise it's pretty basic knowledge? What makes it even worse is that another poster has already outlined how it works in this thread AND there's a page on a website linked in this thread that will tell you in detail how to do it.
Some people can't be helped though.
crankedup said:
youngsyr said:
crankedup said:
Expect younger is up to his ne k in debt without a. are in the World. Seen and heard of so many people who overstretched themselves and then have the rug pulled from under them.
In the 80's/90's we had people buying houses with 100% mortgages, the gamble was that the house price would rise at a faster rate than the loan debt
Why are you attacking the person making the argument, rather than the argument itself?In the 80's/90's we had people buying houses with 100% mortgages, the gamble was that the house price would rise at a faster rate than the loan debt
Edited by crankedup on Thursday 29th June 19:02
Edited by crankedup on Thursday 29th June 19:03
Seems pretty clear to me that if you can borrow £XXX at 0% and stick it in the bank earning 2%, then it's a no brainer that you would do so. The bank is paying you to hold their money for them.
That situation is more than possible now, it wasn't possible in the 80s and 90s.
So, why are people tyring to use 30 year old data as proof that people are doomed today?
crankedup said:
Nobody is suggesting that the current crop is doomed, far from it, the World is a big place, go explore.
Whilst we're on the subject of our personal feelings about eachother, I find you to have a very short memory:crankedup said:
Trouble is, as we know, if the BOE raised the rate untold people would go bankrupt and lose thier home. Just how many people are living on the edge?
Although I'm not sure why I need your permission to do anything, perhaps you could explain?crankedup said:
If you wNt to take out loans to invest go ahead, you won't be the first nor last.
Granfondo said:
youngsyr said:
Granfondo said:
youngsyr said:
And as I said before, if you don't know how or can't be bothered to look it up, then you've no place arguing in a thread on consumer debt.
Does anybody know how it's done since youngsyr doesn't?You do realise it's pretty basic knowledge? What makes it even worse is that another poster has already outlined how it works in this thread AND there's a page on a website linked in this thread that will tell you in detail how to do it.
Some people can't be helped though.
Granfondo said:
That's different to actually getting the money out of a 0% credit card?
Really, you can't figure out how to turn a CC balance into cash? Even with the keyword for the process handed to you on a plate and the Internet at your fingers?
As I said, there really is no helping some people.
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