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Updated about 5 years ago,

User Stats

101
Posts
59
Votes
Laurence Obi
  • Atlanta GA
59
Votes |
101
Posts

CREDIT CARDS FOR MY CURRENT REHAB??

Laurence Obi
  • Atlanta GA
Posted

Hi Bigger pockets family,

So.... I am considering getting two $40k limit credit cards and using them for my rehabs going forward.

Question is, some of these will have a 0% APR for the first few months and this will come in handy. However, the utilization will be on the high-side, probably over 50% of total limit. Is this going to affect my credit negatively? Will definitely be keeping my cycle between 3-6 months

Need advice. Would also like to know what Credit card companies you all would have me use 

Thanks in advance.

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