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pepe-halpert t1_j6n88xl wrote

Reply to comment by swollennode in Keep money in savings or kill all CC debt? by coconut_icedcoffee

But that’s what the credit cards are for…they act as emergency savings when you don’t already have them in cash.

Sure, you can transfer to a 0% card and pay off slowly, but in theory it’s not any different than paying off now and using a 0% card to fund future purchases while you rebuild savings.

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swollennode t1_j6p3b77 wrote

How do you pay rent or mortgages with credit cards?

Most places don’t accept rent through credit cards, and banks definitely don’t accept mortgage payments via credit cards.

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