Monday, July 11, 2011

Anyone ever heard of taking a 0% cash advance and using it towards a high yield bond/savings/CD, etc?

I understand it can be risky with all the APR fluctuations and what not, but I consider myself pretty responsible. So there is no need to lecture me about the risk/rewards factor. I’ve just been offered a 0% cash advance on 10K and am curious if anyone has ever used this to their advantage. http://bit.ly/mSNOIF

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