Novak_Djokovic Posted April 24, 2014 Report Posted April 24, 2014 Personal loan ---- $7500 vachindi....with 13.5 APR--total 7.5k funds available.... 2 credit cards ---total $5000 used at 21% APR inko new credit card -$1000 avaialble... xoo-m lo ee roju 1$ = 60.2 rup-ees vundi.... India lo parents ni bnk FD's lo maximum entha vunte antha invest cheyamananu.... Help nenu maximum money ela save cheyali.... Using personal loan....and credit cards....FOR next 6-8 months plan cheppandi.... Thanks in advance....
bio Posted April 24, 2014 Report Posted April 24, 2014 month ki 2K kattukogalanu ante ah 7.5K ipudu india panpincheyyi, so neeku overall ga 7.5+5K, ante 12.5K loans+CC untayi, you can clear them off in the next 6 months, also tight budget pettukotam always gud in the US, unte karchulu aagavu..ATB
Novak_Djokovic Posted April 24, 2014 Author Report Posted April 24, 2014 month ki 2K kattukogalanu ante ah 7.5K ipudu india panpincheyyi, so neeku overall ga 7.5+5K, ante 12.5K loans+CC untayi, you can clear them off in the next 6 months, also tight budget pettukotam always gud in the US, unte karchulu aagavu..ATB great...thanks for telling.... but 7.5K+5k nenu next 6 months lo complete cheyyalenu.... even naaku PErM filing---$4000 h1b extension -$5000 h1b stamping---$200 vunnayi.... S%Hi S%Hi S%Hi S%Hi
bpr Posted April 24, 2014 Report Posted April 24, 2014 Bad move to use credit to send $ to India. You dont know what exchange rate is going to be when you are paying your credit card. You will be a looser if exchange rate goes up more than your interest rate in FDs.
Novak_Djokovic Posted April 24, 2014 Author Report Posted April 24, 2014 Bad move to use credit to send $ to India. You dont know what exchange rate is going to be when you are paying your credit card. You will be a looser if exchange rate goes up more than your interest rate in FDs. agreed...but not necessarily it happens mostly.... nenu $4500 credit car payemnts chesi...(21% APRS save chesthanu) then $3000 india ki send chesthanu...xo-om lo $60.2 vundi rupee rate.....( Ee money ni india lo FD lo vesthuna at 9 % APR) then i owe only $7500 personal loan pending (all my credit card debts are cleared out). so ...will pay the rest $7500..... every month 1500-2000 for next few months at 6 months maximum.... then i can save some money...in the process.... S%Hi S%Hi S%Hi S%Hi
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