Abouttbaarr Expertise Questions related to credit card management
and use of credit to achieve your financial goals
I have found on google that my screename has been linked to some garbage
financial sites, that I have nothing to do with
Please ask me to verify this if you are not sure
and let me know who is making any claims so i can sue their asses off
this is my website or my blog
http://www.geocities.com/tbaarr/night_vision.html
http://www.tbaarr.blogspot.com/
Experience i own over 10 credit cards
8 of these have credit limits over 10k and i use 2 of them to invest with
i have the balance as a fixed life of the loan balance transfer
and make 10 points profit on the money
Organizations none
I retired doing this in 1996
and wish to pass on my experience.
BE aware I got married in 1998 and started Driving Rig in 2004 so that I could get affordable quality Heath insurance for my family as I now have 2 beautiful daughters 4 and 8 as of aug 2007, so I may take longer to answer som questions.
i cover such subjects as,
my approach to credit,
how to establish and maintain multiple accounts,
how i get single digit life of the loan balance transfers,
how i use their money for 45 days interest free,
how i use credit cards to invest for 30% a year profit,
and how i maintain a 650+ credit rating while holding 5 or more accounts.
I challege anyone have me compare any answer, that suze orman gives on her tv show,
to what i would suggest
as i find her answers just plain incompetant,
especially when she states that borrowing money from an ira causes you to pay double taxation.
Thats just plain wrong
Expert: tbaarr Date: 8/25/2008 Subject: Credit and Loans
Question I'm in a tight spot, I just recently got a car thats 840.00 a month for 72 months (i've already paid 12 months). I also have a credit card that has 3,750.00 on it. I'm trying to get my finances in order. Do you know of anything that might help. Like a credit card that has low interests rate, mines at 24.00%. Or a way to get a better rate on my car payment. I got it at 11%.
Answer Bank of america and discover are my first suggestions.... but you better have a 680 or better credit score ... that 40k car loan can be shaved by using 5k credit limit cards with life of the loan balance transfers ..... you need 5.99 or less interest rate.... be sure to pay your min payments no later the 11 days before the due date
