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Hello !

I am from India and self employed. I didn't not met bank eligibility get credit card. but, bank ready to give me a credit card if I kept ~$450 on my saving account for 15 days until credit card application processed, reason is my credit score is 758.

Now, I have around $1000 (as INR) money in hands. And I owed Facebook advertising cost of $251. However, paying Facebook's outstanding payment is not urgent, but important.

Now, What will be the best choice?

  1. Put $1000 in saving account for 15 days until get card. So, my card limit will be $400 and I can withdraw $1000 from bank once got card and use the card's $500 limit too. But, have to wait 15 days.

  2. Paying FB's outstanding balance and putting remaining $750 on bank and getting card with limit of $325. If I paid Facebook, I can start new Business immediately.

Now, what will be best idea? Paying Facebook and starting new business or Waiting 15 days and get card with bit higher limit?

PS : As a middle class single Indian $50 also a big money :D



Submitted March 06, 2018 at 01:44PM by sulokutty http://ift.tt/2FwwkHw

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