Car Finance/ Credit Card query

Gof10

Hi guys n gals!

This is my fist post so please be nice .

I currently have a car on HP agreement with GE Money (Now Santander). I bought the car two years ago when i was a meer apprentice and have since been taken on, which involved a substantial wage increase (Yippey!).

I'm now wanting to pay this car off a.s.a.p but when phoning santander have found out the my monthly payments are 'locked', and i am unable to bump up the payment to pay it off quicker/reduce the amount of interest i pay on the agreement.

I have been looking all over the site for a solution to this and think that i may have one, if what i think is correct. The agreement allows me to settle early at a reduced cost to what i would pay if i continued to the term end (in another two years). Unfortunately i dont have the £4000 ish to end the agreement.

So my question is this..........I understand that credit card loans can be balance transferred from card to card to keep a 0% interest. Can i get a 0% credit card and pay the loan off with this and obviously repay the card off within the 0% time period. Would this be possible, i.e is it classed as a balance transfer or is this classed as a purchase?

My apologies for the long windedness but just wanted to give you guys the full picture.

Many thanks in advance for any advice given

Rob.

Anihilator

It will depend on the individual companies, and also you would be unlikely to get a 4k credit card.

What about a bank loan?

Gof10

Ah i see, i didnt realise 4K was askin alot of a credit card.

Havnt really looked into bank loans to be honest, think i might go and get some rough figures.

Thanks for your quick reply.

Rob