loans to credit card???

sanbs

Just to ask if it is a good idea or not to transfer a loan to a % credit card, I have 2 more years on my loan, but just thinking of the % interest on the credit card??

[Deleted User]

the best deal you could get at 0% c/c would be for 15 months,and of course you would need alot of will power.

wharty

Ohh this is interesting i wanted to do something like this but i assumed you couldn't pay of debt with credit if that make sense.
Can i pay my car off then with a credit card?
I really hope so.

Rob71

wharty wrote: »

Ohh this is interesting i wanted to do something like this but i assumed you couldn't pay of debt with credit if that make sense.
Can i pay my car off then with a credit card?
I really hope so.

You can pay anything you want using the credit card - simply arrange a "Money Transfer": most cards have that facility. Get the cash into an account you can pay bills with, and you're laughing.

Some companies get the hump if you try and pay a debt with a credit card - using a money transfer gets around this.

[Deleted User]

most c/ccards also issue cheques which can be used to pay anything,even money into your own bank account or to pay off any debts