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Updated over 13 years ago,

User Stats

21
Posts
0
Votes
Eva Marin
  • Bronx, NY
0
Votes |
21
Posts

getting money from your credit card to invest, is that a good idea?

Eva Marin
  • Bronx, NY
Posted

hi everyone!!

i got a credit card that offer me bet 10-25k loan (unsecure personal loan ) at 7% interest rate to pay back for a period bet 4 to 6 years. A 25k loan @7% -Montly payments will be bet 450-550.

Do you think this is good way to get some money to get involve in buying and flipping properties with other investors?
or for any other investment opportunity.

Any opinion about pros and cons will be great!!

Thanks
Eva

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