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Originally Posted by jmjj215
I don't think it's quite on the same plane as Vegas (and I'm not saying I would do it), but there are people out there that make a bit of money doing just this. One guy I know (who makes a lot of money salary-wise) will get cash advance offers, interest-free for 9 months. One was for 30k! He has it in an ING account until the 9 months are up. That's over $700.
I personally don't think the hassle or worry is worth the $700. To each his own though - hopefully he doesn't get burned one of these days.
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I still think that isn't the smartest thing to do. You are putting borrowed money at risk. Credit card companies change their provisions all the time. They love late fees too. Also don't most of these cash out offers come with a certain % charge.