Comments on: Is it Possible to Get 0% APR for Life? http://www.creditcardchaser.com/is-it-possible-to-get-0-apr-for-life/ "Chase" down the best credit card offers! Sat, 11 Feb 2012 19:30:04 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Joel http://www.creditcardchaser.com/is-it-possible-to-get-0-apr-for-life/comment-page-1/#comment-620 Joel Fri, 07 May 2010 20:45:43 +0000 http://www.creditcardchaser.com/?p=4503#comment-620 Taking it to the extreme like this is a little overkill because you are right that opening a closing a bunch of credit card accounts can have a negative effect on your credit score. However, you wouldn't have to close every account and applying for a new credit card only slightly lowers your credit score and just for the short term (it rebounds quickly) - after all, <a href="http://www.creditcardchaser.com/the-man-with-the-most-credit-cards-1497-to-be-exact/" rel="nofollow">this guy had 1,497 credit cards</a> haha Taking it to the extreme like this is a little overkill because you are right that opening a closing a bunch of credit card accounts can have a negative effect on your credit score. However, you wouldn’t have to close every account and applying for a new credit card only slightly lowers your credit score and just for the short term (it rebounds quickly) – after all, this guy had 1,497 credit cards haha

]]> By: Mysti http://www.creditcardchaser.com/is-it-possible-to-get-0-apr-for-life/comment-page-1/#comment-619 Mysti Fri, 07 May 2010 19:13:47 +0000 http://www.creditcardchaser.com/?p=4503#comment-619 Isn't this assuming that you get approved for all of this? What if you want to transfer 10k, but you get offered a limit of 5k? Wouldn't opening and closing all of these cards wreck your credit? Granted who cares about your score if you don't need it....but if you wreck your score opening and closing, who is to say the next card won't decline your application because of your game? I would love to win at this game (not paying interest)....but it seems a Utopia. Isn’t this assuming that you get approved for all of this? What if you want to transfer 10k, but you get offered a limit of 5k? Wouldn’t opening and closing all of these cards wreck your credit?

Granted who cares about your score if you don’t need it….but if you wreck your score opening and closing, who is to say the next card won’t decline your application because of your game?

I would love to win at this game (not paying interest)….but it seems a Utopia.

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