Borrow by a Credit Card

Discussion in 'Off Topic/Social' started by MildSoft05, Feb 14, 2016.  |  Print Topic

  1. MildSoft05

    MildSoft05 Active Member

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    Hello again! I have posted something about our family plan of travelling just a while ago. I'm sure that we will be spending a lot and I do not want to pay it in cash. In connection with it, I want to take advantage of borrowing and I heard that a lot of credit cards or institutions are giving the best offers and low interest rates plus rewards. Do you have any related experience in applying for one? I heard from our neighbor that there is a credit union institution that has the best offer for borrowing from any purchases including travel. Would you suggest one? or any idea about such matters? Thanks guys!
  2. Wandering Aramean
    Original Member

    Wandering Aramean Gold Member

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    If you cannot afford the trip don't take it.

    "Borrowing" on a credit card likely means ridiculously high interest rates. Doing so from a normal bank will likely be a better deal but still a bad idea.

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