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Reply to "renovations went completely over budget...floating expenses on a credit card now"
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[quote=Anonymous]my renovation project went completely off target. so right now i am in floating the renovation costs onto a credit card and it's going to total about $20,000. i had signed up for a 0% APR 15 month credit card and will transfer that debt to the 0% APR card and aim to pay it off in 15 months, which is ambitious. It's going to mean shelling out $1333 a month to pay down this debt. how many of you experience nightmare renovations where you simply run out of cash but need to get the job done? i have nowhere else to turn but to float this debt.[/quote]
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