I am going on a vacation and need extra money. what is a good credit card to apply for with low interest rate etc.
The statement period end date is right at the end of my 6 day trip. I wonder if charges will show up on my current statement or in the next month's statement.
Like the AMEX ZYNC card? Where do they make their money on this offer?
like, can i buy a visa card at walmart and use it online as long as it has money?
History: This person applied for home mortgage loan 7 months ago. At that time he did not have any liabilities/loans and had funds in his bank account too.
Bank went through loan approval process and approved this person for several types of loans (80/20, 80/15/5, etc) after looking into salary, bank statements, etc. This person went ahead and signed a contract with builder to build a new house.
Things have changed and now this person does not have money to make even 5% down and still wants to proceed with home purchse since there are enough credit card balance transfer offers he can use to make 5% or even 20% down without a problem.
I guess my question is would bank have any issues with down payment using credit card balance transfer? Is there a possibility bank would know this person ows money to a credit card company (if not timed properly since they are going to run a credit report again)? Has anybody done it before? any legal issues with this approach?
Thanks!
QAData
