Can You Really Make A Profit With App-O-Rama.org?

Thanks to App-O-Rama.org for soliciting and sponsoring this review of their service!

Can you really make a profit with App-O-Rama.org?

That’s the question that I’ll try to help you answer with this post.

First of all, App-O-Rama.org is NOT a work at home business opportunity per se. To get clear about what’s going on, it’s important for you to read about how money is actually made with App-O-Rama.org by clicking here.

Instead App-O-Rama is a strategy that lets people with adequate credit take advantage of the credit card companies’ insatiable desire to get into your pocket and cash in through it.

As the Wall Street Journal article referenced on their web page notes, it’s part game and part financial strategy.

App-O-Rama.org gives you the mechanism for making many simultaneous applications for 0% interest credit cards, getting cash out and putting it into a high yield savings account and paying off the card before interest is charged and pocketing the savings.

The technical term for this is “arbitrage”. The big money players do this all the time. App-O-Rama makes it easier for little players to try their hand at it.

Along the way of course, many people also get other bonuses like airline travel miles, toasters, vacation incentives and other bribes the companies are giving to get in your pocket and bleed you once the interest rate goes above 0%.

That’s why you have to be smart, disciplined and know what the heck you’re doing before you play this game.

Not everyone is up for this.

That’s why I was very appreciative of the fact that the folks at App-O-Rama.org were clear that this strategy is NOT for people who in the next year need to obtain a mortgage, financing for a new vehicle, or other significant loan. This plays with your credit rating and it’s best for people who aren’t going to need to prove their creditworthiness in the near future.

I’d also add that there are debtaholics who are good at getting credit and terrible at paying things back. If that’s you, I’d steer clear of this! If you are already swamped in credit card debt or have a poor credit history it’s probably NOT going to work for you.

And you must know the ins and outs about each particular credit card you’re playing the arbitrage game with!

But I can also tell you I’ve known people who were FORCED to play a similar game to get their credit card debt under control and keep their payments to a minimum. So it is doable if you have the WILL and don’t use the cards to buy STUFF. You only buy stuff with the PROFITS.

If you can do that, App-O-Rama.org will help you play that game!

Did I say be careful? And that this might not be appropriate for you? At all? Yep. Said that. Be very cautious and assume it’s not for you until you’ve done all you due diligence UP FRONT.