leverage Debt to pay Debt is what we need to learn in America.
your Debt Ratio is not affected since you are not closing Credit cards.
Which you should not do. Your are Swapping places from credit card to Heloc.
advice as soon as you get pay put the money in the Heloc. That will lower your average daily balance so they will charge less interest.
Makes no Cashflow-sense to put money in a checking at 0 interest.
If you go to the lovely bank system and ask them to do a direct Deposit from your Company to the HELOC. They will Say NO can't do it. it the same bank and everything .... But I need to charge you interest for Friday, Saturday, Sunday and by Monday if you remember to do it you will have less Money.
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