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Loan question.
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billybob
Posted 7/19/2009 09:06 (#780425)
Subject: Loan question.


68340

My "friend" has money in his checking account that is drawing .75% interest.  I have these CC companies that are charging more than 30%.  He has hundreds of thousands of dollars.  The math says I should just borrow some of that cheap money, pay off the CC, and gradually over time return the money.  What do you think? 

or

I guess I could cut back on my lifestyle a bit.  I am almost out of room on my body for any more tattoos anyway. 

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