SDL 0.00% 0.6¢ sundance resources limited

hypothetical, page-10

  1. 535 Posts.
    Get a second credit card that has a 12 month zero interest for credit tranfers.

    tranfer your debt to the 12 month interest free credit card.

    Leave your SDL for 6 months to get through the period of 'big announcements'.

    then reconsider how much/if you sell to pay the credit card.

    in the meantime, I would try to pay a bit off the credit card each week/pay day. Even if you paid only $25 a week its going to reduce your credit card debt by over $1000 during the year whilst you are waiting to see how far SDL can travel!

    AtM

    PS (I am not a financial advisor - I simply carry the wallet and open the doors whilst my wife determines which dresses and shoes are the 'best' investments)

 
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