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Old 09-06-2008, 03:55 AM   #8
Itrtuawh

Join Date
Oct 2005
Posts
503
Senior Member
Default Best way to get out of debt....
Well....some of you guys might remember me making a couple o threads about getting my credit score up...well after that student loan I got a BBY credit card...$2000 limit...basiclly maxed it out...yesterday, was with my parents at kay jewelers to get my mom a mothers day present, I apply for their card, to my surprise I get approved for 3k...so I went crazy and got my mom a set of 1 carat leo diamond earrings for $4500. so right now I'm about 6k in debt....I am able to pay about 1k in debt every month, but was thinking, what if i opened another credit card, transfer all the balances and most credit cards offer 12 months 0% or something like that and just take my time to pay it off ??? worse case scenario I could always sell some stock and pay everything in full...but my problem with that is what if Sprint reports an amazing quarter, or someone buys them out, what if E-trade all of a sudden gets their **** together ??? what if Sirius actually merges with XM ? if that happens then I missed out on making alot of money.
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