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I’m using balance transfers to pay off my 8.5% heloc.

Lock in a 3-5%balance transfer at 0%, then attack the heloc with my paychecks, and once it’s gone, hammer the credit cards/do more balance transfers to buy more time.

Not a super fun game but it is what it is

Fletch 6mo ago 💬 1

What heloc rate would you keep rather than pay off?

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Discussion

BitcoinFI 5mo ago 💬 1

Anything under 5% is great. It’s fallen to 7.5%, still paying.

Honestly $STRC arb is interesting

Fletch 4mo ago 💬 1

HELOC payments can be ammoritized up to 20 years. Most of the early HELOC payments are majority interest. But if the Bitcoin thesis is a 10X from current prices within the next 20 years ... might be easier to keep the HELOC, rather than playing 0% credit card balance transfer leapfrog. Thoughts?

BitcoinFI 3mo ago

Mine is 10 years, 6 years left.

I think you’re right… let btc run