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Post by jennifer on Feb 27, 2006 21:45:20 GMT -5
Hey guys! Well it seems i'm going! Still no news from the grant but hey, ill be under debt like hell but no way I'm staying home  So, I've been going through a whole list of stuff, but it's kind of different cause i have backpacking stuff but also living stuff. Do you have any ideas of stuff not to forget? I mean i'm sooooo nervous! Jen |
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Post by me on Feb 27, 2006 22:33:22 GMT -5
Good for you, Jen! i hope you enjoy yourself!
i also hope you can earn plenty on cash to use in your travels between now & then. borrowing money from a credit card is a very bad way to go. the rates there are terrible!
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Post by jennifer on Feb 27, 2006 23:09:23 GMT -5
Well it's a credit margain actually! But i will (cross your fingers!) get my grant |
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Post by me on Feb 27, 2006 23:18:28 GMT -5
Credit margain? i'm not familiar with this term. what is it? - d Well it's a credit margain actually! But i will (cross your fingers!) get my grant |
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Post by jennifer on Feb 27, 2006 23:44:01 GMT -5
Well it's like money in your bank account. Kind of like a personal loan that is always there if you need it and you pay interest only on what you use.
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Post by me on Feb 27, 2006 23:56:31 GMT -5
ah, it's a line of credit. or that's what we call it in USA. what kind of rates do you get on those? Well it's like money in your bank account. Kind of like a personal loan that is always there if you need it and you pay interest only on what you use. |
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Post by jennifer on Feb 28, 2006 20:28:35 GMT -5
between 7 and 8 which is quite good! And on thursday i'll find out if I get my student credit line (hehehe) or credit margin whatever, this way it is possible to only pay back the interest during that time without penalty! Anyways, i better get the grant or the next years will be miserable |
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Post by me on Feb 28, 2006 21:27:06 GMT -5
well, it's better than the 10% on credit card debt, which is good. but, when we just get little more than 5% on term savings, it isn't wonderful. i mean, there are home equity loans with credit lines of less than 6%. but, a home is pretty good colateral. between 7 and 8 which is quite good! |
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Post by jennifer on Feb 28, 2006 22:23:47 GMT -5
Yeah, and I sure don't have thaht |
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