Comments on: (Not Exactly) The Price of Credit Card Arbitrage: Marching toward 800 http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/ Fri, 20 Nov 2009 19:09:54 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Free FICO Credit Score When Joining myFICO Forum http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-49828 Free FICO Credit Score When Joining myFICO Forum Fri, 16 Jan 2009 15:54:55 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-49828 [...] my score? I am at 792. The score was a little better than last time when I checked. Back then my score was 788. The score is till good, but I am a bit disappointed with only 4 points improvement in nearly two [...] [...] my score? I am at 792. The score was a little better than last time when I checked. Back then my score was 788. The score is till good, but I am a bit disappointed with only 4 points improvement in nearly two [...]

]]> By: Economic Stimulus Payment Schedule, another 3/4 Point Cut by The Fed, and myFICO 25% off Promotion http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-45375 Economic Stimulus Payment Schedule, another 3/4 Point Cut by The Fed, and myFICO 25% off Promotion Fri, 17 Oct 2008 12:46:42 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-45375 [...] credit monitoring services. In the past, I bought my credit scores from myFICO.com several times after credit card arbitrage to see how my score was affected when I paid around $15 to get one report plus the score. To take [...] [...] credit monitoring services. In the past, I bought my credit scores from myFICO.com several times after credit card arbitrage to see how my score was affected when I paid around $15 to get one report plus the score. To take [...]

]]> By: Random News: Another 3/4 Point Cut by The Fed, Economic Stimulus Payment Schdule, and myFICO Promotion | The Suns Financial Diary | A Personal Finance Blog on Saving and Investing http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-41416 Random News: Another 3/4 Point Cut by The Fed, Economic Stimulus Payment Schdule, and myFICO Promotion | The Suns Financial Diary | A Personal Finance Blog on Saving and Investing Wed, 19 Mar 2008 02:11:15 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-41416 [...] credit monitoring services. In the past, I bought my credit scores from myFICO.com several times after credit card arbitrage to see how my score was affected when I paid around $15 to get one report plus the score. To take [...] [...] credit monitoring services. In the past, I bought my credit scores from myFICO.com several times after credit card arbitrage to see how my score was affected when I paid around $15 to get one report plus the score. To take [...]

]]> By: Changes are Coming to Fair Isaac’s FICO Credit Score Calculation | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-33934 Changes are Coming to Fair Isaac’s FICO Credit Score Calculation | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing Tue, 08 Jan 2008 04:47:19 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-33934 [...] with the new formula, as I have been averaging 2 new cards a year for a quite long time. Though my own example has already proved to some degree that having dozens of credit cards all in good standing [...] [...] with the new formula, as I have been averaging 2 new cards a year for a quite long time. Though my own example has already proved to some degree that having dozens of credit cards all in good standing [...]

]]> By: Do I Need a Perfect Credit Score? | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-20781 Do I Need a Perfect Credit Score? | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing Wed, 29 Aug 2007 15:56:51 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-20781 [...] I checked my credit score early this month, I was very happy to see it inch toward the 800 mark, despite the huge balance and [...] [...] I checked my credit score early this month, I was very happy to see it inch toward the 800 mark, despite the huge balance and [...]

]]> By: Sun http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-20598 Sun Tue, 28 Aug 2007 01:22:22 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-20598 redtoblack: Yes, it's a game, but it doesn't necessarily mean I will fail. All the money I borrowed were deposited in a bank account that I don't want to spend on anything but earning me interests. If I have to pay it back, I can pay off all the balances without any problem. The only "risk" in credit card arbitrage is late payment. So far I have managed that pretty well, no single late payment ever since I started playing the game. If I can pay my credit card balances in full every month, I don't any extra risk from credit card arbitrage. Of course, if one can't resist the temptation of spending the "free money," that's not the game he/she wants to play. redtoblack: Yes, it’s a game, but it doesn’t necessarily mean I will fail. All the money I borrowed were deposited in a bank account that I don’t want to spend on anything but earning me interests. If I have to pay it back, I can pay off all the balances without any problem. The only “risk” in credit card arbitrage is late payment. So far I have managed that pretty well, no single late payment ever since I started playing the game. If I can pay my credit card balances in full every month, I don’t any extra risk from credit card arbitrage. Of course, if one can’t resist the temptation of spending the “free money,” that’s not the game he/she wants to play.

]]> By: redtoblack http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-20417 redtoblack Sun, 26 Aug 2007 16:49:56 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-20417 Credit card arbitrage is a game. You are gambling that life won't hit you upside the head causing you to be unable to make the payments. If you want extra money just invest your money in an Income Fund that pays a monthly or quarterly dividend. Then,if life smacks you upside the mullet,you will not be worrying about making a large credit card payment. Credit card arbitrage does not take risk into account. Keep a lot of cash on hand if you are going to play this game. Credit card arbitrage is a game. You are gambling that life won’t hit you upside the head causing you to be unable to make the payments. If you want extra money just invest your money in an Income Fund that pays a monthly or quarterly dividend. Then,if life smacks you upside the mullet,you will not be worrying about making a large credit card payment. Credit card arbitrage does not take risk into account. Keep a lot of cash on hand if you are going to play this game.

]]> By: FIRE Finance http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-19457 FIRE Finance Wed, 22 Aug 2007 02:50:42 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-19457 This is a great post, we have cited it as one of our favorites in our Sunday Review #33. Could not get your trackback to work, was repeatedly giving errors for the given URL. Cheers, FIRE Finance This is a great post, we have cited it as one of our favorites in our Sunday Review #33. Could not get your trackback to work, was repeatedly giving errors for the given URL.
Cheers,
FIRE Finance

]]> By: Chris Howard http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-18352 Chris Howard Tue, 14 Aug 2007 20:08:56 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-18352 thanks for the great information :) thanks for the great information :)

]]> By: Carnival of Personal Finance: 113th Edition : SavingWithMe.com http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-18151 Carnival of Personal Finance: 113th Edition : SavingWithMe.com Mon, 13 Aug 2007 13:28:31 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-18151 [...] (Not Exactly) The Price of Credit Card Arbitrage: Marching toward 800.  Interesting look at the affect of opening two new credit cards on a credit score.  The credit companies do everything in their power to hold their algorithms as proprietary information, so any extra insight into the black box of computing a credit score is worth noting. [...] [...] (Not Exactly) The Price of Credit Card Arbitrage: Marching toward 800.  Interesting look at the affect of opening two new credit cards on a credit score.  The credit companies do everything in their power to hold their algorithms as proprietary information, so any extra insight into the black box of computing a credit score is worth noting. [...]

]]> By: Successful Credit Card Arbitrage And Shorting The Market: The Roundup » Money and Personal Finance Blog In Silicon Valley http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-18042 Successful Credit Card Arbitrage And Shorting The Market: The Roundup » Money and Personal Finance Blog In Silicon Valley Sun, 12 Aug 2007 15:18:26 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-18042 [...] Sun’s Financial Diary: (Not Exactly) The Price Of Credit Card Arbitrage - I was more than a little impressed to read that Sun has 41 credit card accounts plus an approximate [...] [...] Sun’s Financial Diary: (Not Exactly) The Price Of Credit Card Arbitrage – I was more than a little impressed to read that Sun has 41 credit card accounts plus an approximate [...]

]]> By: David http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-17927 David Sat, 11 Aug 2007 19:46:07 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-17927 That is quite amazing, $100,000 in CC arbitrage. I am jealous! Must take a lot of management, no? Congrats either way, that extra $400 a month must be quite nice! That is quite amazing, $100,000 in CC arbitrage. I am jealous! Must take a lot of management, no? Congrats either way, that extra $400 a month must be quite nice!

]]> By: Weekend Personal Finance Review - Red Sox Scare Edition » Lazy Man and Money http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-17925 Weekend Personal Finance Review - Red Sox Scare Edition » Lazy Man and Money Sat, 11 Aug 2007 19:17:51 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-17925 [...] on the credit card front, it seems that Sun has $100,000 in cash from 0% credit card offers. That can add up to $5K a year if invested in at a high interest bank. It seems like a lot of work [...] [...] on the credit card front, it seems that Sun has $100,000 in cash from 0% credit card offers. That can add up to $5K a year if invested in at a high interest bank. It seems like a lot of work [...]

]]> By: online credit report - (Not Exactly) The Price of Credit Card Arbitrage: Marching toward 800 http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-17860 online credit report - (Not Exactly) The Price of Credit Card Arbitrage: Marching toward 800 Sat, 11 Aug 2007 09:40:45 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-17860 [...] From what I saw the only negative item on the credit report is that I have too many credit accounts with balance (7 out of 41). I have heard lots of talks on credit cards and credit score against having too many cards, opening multiple ... by Sun at 10:40 PM [...] [...] From what I saw the only negative item on the credit report is that I have too many credit accounts with balance (7 out of 41). I have heard lots of talks on credit cards and credit score against having too many cards, opening multiple … by Sun at 10:40 PM [...]

]]> By: MoneyNing http://www.thesunsfinancialdiary.com/personal-finance/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/comment-page-1/#comment-17774 MoneyNing Sat, 11 Aug 2007 00:20:35 +0000 http://www.thesunsfinancialdiary.com/personal-finance/credit-cards/not-exactly-the-price-of-credit-card-arbitrage-marching-toward-800/#comment-17774 Hmm.... This is quite interesting. I actually have never purchased a fico score report so maybe I should do so one day. I have gotten those free reports though. Hmm…. This is quite interesting. I actually have never purchased a fico score report so maybe I should do so one day.

I have gotten those free reports though.

]]>