Quote:
Originally Posted by spikeraw22
Paying interest on money you'd have in weeks anyway wipes out whatever opportunity you gain. Taking on this loan is like nutworst advice I've seen on this forum.
I thought the loan was a better idea than having a backer, when I feel I'm a winning player at the Micros. Another idea though, that I thought about on my way home from work. What if I just got a $500 limit Credit Card, and just started with the $200-$300 playing 10nl, and paid it back with my checks before the month was over so that I get no interest on the card?
Pros
-I jump into playing 10nl, instead of 5nl.
-I don't have interest as long as its paid before the months end.
-Start grinding a smaller stake, so that I can get my game back into a winning solid strategy.
-Helps my credit. lol.
Cons
-I have a credit card now. Everyone knows how that can be.
-Still putting myself in a "Debt" situation.
Is this a better way to proceed this?