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Reply #7: does being able to borrow it, at say, 10% interest count? [View All]

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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-29-11 03:35 PM
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7. does being able to borrow it, at say, 10% interest count?
When my lawnmower broke, I bought a new one with my credit card. When my water heater went out, I bought a new one with a credit card (but I also have done without hot water for long periods as well.)

I am not sure what the interest rate is on my credit card though, because I always pay it off. One credit card or another is always offering me low rates for a short time, with a 3 or 4% fee (which fee amount will then be charged 19% interest as well).
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