After finally getting a question answered the other day, I have been able to determine the two harms that are caused by the 0% game:
- High Debt/Credit Limit Ratio- this will be fixed as soon as I pay off 0% balance.
- A lot of inquiries (hard credit pulls) on my account- this is counted on my record for a year, though it only makes up 10% of my credit score.
Since I don't think I will need to take a loan out for the next year, it looks like the 0% game is beckoning me.
The other concern is never missing a payment, but that is what Outlook Calendar is for.
Have you or would you ever get into the 0% game?
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