Taking a loan to fund an ISA

Alexland

VNX said:

The silence is deafening 

I still wonder if this OP is in the middle of being scammed. If you have been persuaded you are getting a safe 12% return then it's entirely rational to borrow at 6% to multiply returns. I do something similar stoozing a 0% credit card to get a safe 5% return.

j_netprofit

Alexland said:

VNX said:

The silence is deafening 

I do something similar stoozing a 0% credit card to get a safe 5% return.

Sorry to hijack the thread…can’t see it going anywhere. 

New term to me, that. Can I ask how much you get monthly? I have a 10k allowance on a 0% card, quick maths makes that about £40 a month?

flaneurs_lobster

j_netprofit said:

Alexland said:

VNX said:

The silence is deafening 

I do something similar stoozing a 0% credit card to get a safe 5% return.

Sorry to hijack the thread…can’t see it going anywhere. 

New term to me, that. Can I ask how much you get monthly? I have a 10k allowance on a 0% card, quick maths makes that about £40 a month?

Needs a new thread, or find the last stoozing thread.

Read this

https://www.moneysavingexpert.com/credit-cards/stooze-cash-credit-cards/

ETA Threads here https://forums.moneysavingexpert.com/categories/stoozing-free-cash-from-credit-cards