Personal loan ads: Legit or scam?
in Banking, Insurance & Loans ·
Jesse Lewis4 said:Are you talking about running credit through cards—like Master, American Express, Discover, or whatever else?
I’m no expert on whether that’s actually a smart move, and I don't know anyone who does it, so I haven't got much useful info for you.
Yeah, that's exactly what I mean. Apparently, using a Master card is the cheapest option. At least, that's what one ad claimed. $1667 - $73/month, $3333 - $147/month, $5000 - $220/month... all supposedly over a 3-year term. A 2% processing fee, instant approval in 5 minutes... blah blah blah.
Does anyone actually have info on this? I need a loan, and this looks decent. If it were a scam, people would be talking about it by now...