We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Loan early settlement enquiry

Hi there,

I have a loan with Halifax and I'd like to settle it early as I am in the position of paying more than the fixed monthly amount.

Is it possible to pay it off via 0% balance transfer from a Barclaycard credit card?

Any advise is much appreciated.

Thank you

Smiley71

Comments

  • No.
    You need to have funds in your bank account to pay off the Halifax.

    If Barclaycard let you withdraw funds to an account interest free that's fine otherwise it won't work.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.6K Banking & Borrowing
  • 252.3K Reduce Debt & Boost Income
  • 452.5K Spending & Discounts
  • 241.3K Work, Benefits & Business
  • 617.8K Mortgages, Homes & Bills
  • 175.8K Life & Family
  • 254.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.