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Originally Posted by jmjj215
I wouldn't say putting borrowed money in an FDIC-insured account is really at risk though.
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The risk I was talking about was borrowing money from CC companies. They are snakes and I can't say that enought. That 0% interest rate can be changed to a 17.99% interest rate on their whim. If you read the fine-print in these wonderful 0% offers, it says plainly that they may raise the rate for virtually any reason, then you have to fight them to have it lowered again.