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Loan math...
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Conan the Farmer
Posted 2/5/2019 14:37 (#7298813 - in reply to #7298779)
Subject: RE: Loan math...



South Central Iowa
Lol, I think you are being sarcastic...

I’ve heard tell of someone who paid Ag bills with a credit card to get the flight miles and 2% on gas, 1% on everything else. Legend says he learned that flight mile doesn’t literally mean FLIGHT MILE... should be some truth in advertising. Didn’t have to prepay, just had to run the $25K, pay it down, run it again the next day, and so on. Supposedly he even get an extra month on the last bit interest free!

Alas, along came the supplier and their whining about transaction fees and put a stop to the Credit Card Bonanza... I heard that people us to get a new pickup with their GM card every year just for buying all the stuff they would anyway. Then GM put a cap on the amount of rewards or something... bunch of Indian Givers!
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