Re: Are you a credit tart?
You can get some cash out offers without that % charge. I agree that I wouldn't do it. I wouldn't say putting borrowed money in an FDIC-insured account is really at risk though. If that's the case, then our emergency funds are at risk too. Maybe it's just a risk I'm willing to live with.
For 99% of the population, it's a bad idea. For the A-type people who think it's worth the extra couple hundred bucks for a lot more worry? Go for it. But be very, very careful.
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