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Do
you
actually
do
the
line
of
credit
setup,
or
just
offset?
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LOC being your entire pay goes into the offset account (rather then just your savings), then all your expenses go onto a 90day interest free credit card?
I used to work for a company that sold LOC setups, so I know how much interest they can save you. But not actually having a home loan myself don't have any true first-hand info on manageable it is day to day to use. Though I more or less use a c/c for most of my expenses and pay it off each payday, for convenience / c/c reward-system.
Who's going to clear away the bodies...that's what I want to know.
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AUTHOR OF THIS MESSAGE Symo
MESSAGE TIMESTAMP 19 january 2009, 17:51:24
AUTHOR'S IP LOGGED 116.212.193.198
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