Loan - Early settlement

Tara71

I took out a loan with Halifax for the total amount of £3010 (APR 19.84%) in December 08 for 32 months, which means my last payment would be in august 2011. I rung up Halifax and they gave me the settlement amount of £2145 valid until 05.02.10. I would like to pay off the amount as another 20 months is a bit long, and was wondering which way would be best. Also as my circumstances have changed, and I am in the position of paying off more on the credit card then the loan's fixed monthly amount.
I thought of making a balance transfer for the settlement amount from my Barclaycard (credit limit £3100) that gives me 0% on balance transfers until June 2010 (balance transfer fee 2.5%). Now as I can't pay off the settlement amount from Barclaycard until the offer runs out this year in June, I applied for Virgin CC with 0% interest balance transfer for 16 months (balance transfer fee 2.98%) and they accepted me with the credit limit of £1800.
As this amount is less then my settlement amount, would it be possible for me to balance transfer the settlement amount of £2145 from Barclaycard to Halifax to pay off the loan, and then balance transfer £1800 from Virgin to Barclaycard? The outstanding £345 on Barclaycard I would pay it off by June 10 as 0% balance transfer and also carrying on paying off Virgin CC until the end of 16 months interest free balance transfer?
Is it feasible to pay off the loan the way I thought? Can I balance transfer to Barclaycard a smaller amount than actually the amount balance transferred from Barclaycard to Halifax? How many balance transfers are you allowed to make on a CC?
Sorry for all this rambling, but any advice is much appreciated, never done balance transfers before and I’d like to get my homework right.

Thank you,

Tara71

jonesMUFCforever

Are you any relation to smiley71 who also has a similar query!