Jan 3 2018, 02:31 PM
QUOTE(dreamer101 @ Apr 6 2008, 07:36 PM)
goolie,
A) FD
You put in $100 and you get 3.7%
B) ASB loan
You put in $0 aka NOTHING and you get 1% to 2%.
Do you understand the difference? It is FREE MONEY.
Dreamer
Added on April 6, 2008, 7:49 pm
ding_dong,
1) Shop around for the lowest rate.
2) If you assume that ASB dividend rate is higher than the loan rate, it is worth it.
3) You need some extra money to cover the 1 year worth of payment since ASB pay dividend yearly.
Dreamer
free money but it will affect credit rating. Is it worth it just because of 1 or 2 %?A) FD
You put in $100 and you get 3.7%
B) ASB loan
You put in $0 aka NOTHING and you get 1% to 2%.
Do you understand the difference? It is FREE MONEY.
Dreamer
Added on April 6, 2008, 7:49 pm
ding_dong,
1) Shop around for the lowest rate.
2) If you assume that ASB dividend rate is higher than the loan rate, it is worth it.
3) You need some extra money to cover the 1 year worth of payment since ASB pay dividend yearly.
Dreamer
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