Credit Card Debt
High non-deductible interest costs makes using credit cards for loans a serious wealth eroder. There is no doubt that in our fast paced society, credit cards are a convenience to use, but they should be avoided for borrowing large sums of money over a long periods of time whenever possible.
Before using your credit card for major loan purposes, consider using other sources of loans such as a home equity loan, a life insurance policy loan, or a personal family loan. These sources can be far superior to credit card debt.
The LEAP SYSTEM® has a cash flow management system that can assist consumers to save and lower expenses if needed at all.
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