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caeron

Insane credit card offers

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Posted

Friday I get an offer in the mail from United Visa.

Write myself a check on the card for up to $25K for 0% interest until october. Or, if I'd prefer, 5% until January of 2011.

Now I know my credit great. I make a lot and borrow little. I recognize that if I fail to pay my bill on time all this would start bearing interest and screw me, but are there really enough people who will fuck themselves on this deal to make it a moneymaker for the bank? Is money that cheap these days?

I sure hope they aren't offering it to every poor schmoo.

I think I"m going to take them up on the offer, take the interest, and give the principle back to them in october.

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