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Paying off debt

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Have just got a redemption figure for a loan taken out 2008, they won`t allow me to pay by credit card as it would be cheaper for me as I could then transfer to a 0% card and pay off more quickly. Need help

Comments

  • Ive looked into this before and i couldnt use a credit card to pay my loan either.. :mad:
  • charlyze2
    charlyze2 Posts: 101 Forumite
    what about doing a balance transfer from the credit card to a current account. then paying of the loan from the current account

    not sure if it will work just an idea
  • maginot
    maginot Posts: 484 Forumite
    Part of the Furniture Combo Breaker
    It is not normally allowed to pay credit with credit! However, as mentioned, you may be able to do a super balance transfer from credit card to your current account. Then pay the bill from here. It is normally 1% higher than a regular balance transfer (so approx 4% of the bill).
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