Comments on: Use Credit Card Rebates To Help Pay Off Your Home Mortgage Loan Principal

By: Lonnie

Lonnie — Fri, 25 Jul 2008 18:52:29 +0000

Great Article….very informing

I wanted some extra miles so I tried it. I payed my mortgage by credit card through this website called Chargesmart. I was kinda iffy about doing this, but it worked. The fee is an issue so i won’t do it to often, but it doesn’t hurt to do it every now and then.

By: Raymond

Raymond — Thu, 17 Jul 2008 22:19:31 +0000

Wallace,

Are you posting this question on the right article? If you’re talking about spam phone calls…try Googling the number to determine the origin. Or you can try calling back but add a *67 to hide your phone number from view.

By: Wallace

Wallace — Thu, 17 Jul 2008 21:42:00 +0000

The company that called phone is 971-285-3130. I’m trying to determine their integrity. How do I check?

By: Chris

Chris — Fri, 14 Mar 2008 18:55:42 +0000

Beware of GMAC equity rewards card if you transfer a balance!!! In fact I would not recommend it at all. You will be hit with the oridinary transfer transaction fee which will in fact be your first purchase with them. After that you will be stuck paying finance charges untill you have your ENTIRE balance paid off. Con Artists at their best. They should be sued.

By: Robert D. Ashby

Robert D. Ashby — Fri, 18 Jan 2008 17:23:34 +0000

While using rebates to pay for your mortgage helps some, I would rather see rebates used for investment purposes. I am not talking about savings accounts like they already have, but help people invest in college and retirement funds that can be more beneficial to them than paying off their mortgage. Americans have a more serious issue with retirement planning than paying off mortgages.

By: SavingDiva

SavingDiva — Thu, 17 Jan 2008 20:50:26 +0000

I think it’s kinda scary that people will be able to pay their mortgages with credit cards…

By: sue

sue — Tue, 15 Jan 2008 22:08:06 +0000

sorry my website was listed as an error in the post above

By: sue

sue — Tue, 15 Jan 2008 18:06:58 +0000

Thanks for the great idea for the credit card rebates. I have a rebate coming to me that I am not sure how to apply it. 1) retail card 2) cash back or 3) apply to my current statement balance. (don’t have past due amount). Applying directly to my mortgage would be another option to help pay it down faster.
Thanks.

By: SanDiegOh

SanDiegOh — Mon, 14 Jan 2008 23:56:14 +0000

Great post Raymond. I think these are great options for people who tend to overspend and especially for those who are in interest only loans. Thanks for the info.

Denny Oh

By: The Carnival of Real Estate #73 - SanDiegOh

The Carnival of Real Estate #73 - SanDiegOh — Mon, 14 Jan 2008 17:29:24 +0000

[...] the Money Blue Book talks about some interesting ways to pay down your mortgage. In his blog, Use Credit Card Rebates To Help Pay Off Your Home Mortgage Loan Principal, Ray teaches us about some credit cards that aren’t as flashy as air miles reward cards, but [...]