Quote:
Originally Posted by BullishMB
You should also be advised that carrying a $40,000 balance on your card for a year will negatively impact your credit score. If your looking to buy a house or anything else that is credit dependent I'd think twice about this whole idea.
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understood. thanks. Everyone needs to watch that carefully, credit cards will give you credit limits, but if you use too much of it, it looks bad on your credit score. Luckily, my credit limit gives me plenty of room to do this without negatively impact my credit score.