Talk of The Villages Florida - View Single Post - Do Bonds Equal Credit Card Debt?
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Old 11-05-2020, 04:05 PM
John41
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Quote:
Originally Posted by KEVIN & JOSIE View Post
I was reviewing new home bonds at 30K plus range and at interest rates between 3 and 5 percent. It feels like with your new home purchase you accept this bad debt. Can you explain another way of looking at it? Thanks
The difference if you sell your house...
Your Bond debt goes to the buyer
Your Credit card debt stays with you