Hahaha. Indeed, I would get owned majorly if I wasn't careful. But assuming I stay under the radar - that is, pay the monthly minimum for all my cards for the next year and a bit, I really shouldn't run into any problems. But yes, fine print is important: that Chevy Chase Visa card I noted at the end of my lj-cut'd section has a bit about how they can change the APR for literally anything - something that's not found on the other T&Cs I've been looking at. And random changes to the APR = BAD.
That being said, I had talked to my dad about doing something like this, and he told me that he took advantage of the same thing to pay off mortage/loans or something of that sort - essentially turning a chunk of money from an interest-loan to an interest-free-load.
I always read the fine print. Well, except for software... ::is going to get screwed by some opensource license someday...::
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sforzinda
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Date: 2007-06-12 02:30 am (UTC)That being said, I had talked to my dad about doing something like this, and he told me that he took advantage of the same thing to pay off mortage/loans or something of that sort - essentially turning a chunk of money from an interest-loan to an interest-free-load.
I always read the fine print. Well, except for software... ::is going to get screwed by some opensource license someday...::