Suze Orman
👤 SpeakerAppearances Over Time
Podcast Appearances
You want to be smart.
then take the ultimate opportunity and do what?
Check to see what your credit score is.
If it's a really good credit score, then shop around for a balance transfer card at a 0% interest rate.
And that is how you deal with credit card debt.
that it's a married couple.
No, don't thank me.
Thank Alliant.
Go to myalliant.com and check it out, everybody.
Maybe he could invest it.
All right.
So ding-a-ding-a-ding, Katie.
But for more reasons and then just sharing it.
He currently has a $600,000 mortgage.
I'm sure he just bought the house probably recently.
It's only a few years they've had it.
All right.
So therefore, the most he can take off of his interest on a mortgage is
and a home equity line of credit is the interest on an amount up to $750,000.
If he has a $600,000 mortgage, which he does, he takes out a $300,000 HELOC, that's $900,000 or $150,000 over his tax deductible amount.