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Student Credit Cards With 0% Apr

November 20th, 2009 admin Leave a comment Go to comments

Paying for an inexpensive car with my credit card?

I looked around for funding. The banks have all these restrictions, for example a loan of U.S. $ 7,500 minimum (and require that the car is worth that value), and I want to buy a car from $ 2-4000. Other financing options quality requires a co-signer, I have very good credit, but a part-time job since I am a student, so I think so. I think my other options are only one lender who charges high interest, guarantor, or my cc, no? My card will have 0 in April to June, and then up to 11%. Would it be silly of me using this type and my credit card to make the purchase? It would be 2-4 thousand dollars. I'm not entirely sure how quickly I can pay, but I make the minimum payments on time.

if the dealer accepts your CC, then go for it. Just try to pay before the interest rate of 11% kicks in. This is an outrageous fee to pay for a car loan. Merchants are not always well accepted by the candidate countries. Or they can try to collect a surcharge on the price agreed to take the CC. Or you can get a cash advance in the CC. But be careful. The fee for a cash advance is not the same as the buy rate. It could be much higher than even 11%.

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