http://www.parchayi.com/2006/11/06/november-savings-rate-shootout/ Introduction to Investment, Credit and Personal Finance for Us Regular Joes Mon, 01 Dec 2008 17:47:30 +0000 http://wordpress.org/?v=2.6.1 http://www.parchayi.com/2006/11/06/november-savings-rate-shootout/#comment-232 Parchayi.com - Personal Finance Simplified » Credit Score Whoring TM Tue, 23 Jan 2007 18:34:15 +0000 http://www.parchayi.com/2006/11/06/november-savings-rate-shootout/#comment-232 [...] Step 3: Now that you have only one or two cards to pay, pay slightly more than minimum to the cards each month. Put the rest of the payment in a high yeild savings account instead of paying your credit card (do not touch this money because you will have to pay your bills later). Be warned, your credit score will temporarily decrease as you rack up debt on these new credit cards. And do not use any other credit cards. [...] [...] Step 3: Now that you have only one or two cards to pay, pay slightly more than minimum to the cards each month. Put the rest of the payment in a high yeild savings account instead of paying your credit card (do not touch this money because you will have to pay your bills later). Be warned, your credit score will temporarily decrease as you rack up debt on these new credit cards. And do not use any other credit cards. [...]

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