Is it possible to pay off a loan with a credit card then balance transfer?

CST

Hi guys and girls,

My girlfriend took out a Porfessional Studies Loan with HSBC for her LPC a few years ago that she's been paying off, however last year she decided that she didn't want to stay in law anymore and decided to set up SE as a Holistic & Beauty Therapist. The business is going okay, but it's a bit of a strain having to make the monthly loan payments each month. She's already spent a lot of capital on set up costs for the business and can't afford to pay off the capital therefore I'm trying to think of a way to cap the interest so she can pay the loan off at her own pace and quicker.

I'm not sure if it's possible with a credit card, as the loan payment may be classed as a purchase and that might come with charges/interest.

I'm also not sure if she'll be able to get enough of a credit limit with less than 6 months accounts although her credit history is good.

Does anybody have any ideas? There's circa £10k left outstanding on the loan with the payments at ~£205pm.

Thanks

Tixy

Unlikely that she can pay it straight off with a card.

She could consider a 0% super balance transfer card (pays money from the new credit card into your current account).
But she'd still need to factor in balance transfer fees, and what she will do with the debt one the balance transfer period is over (could be stuck with it at a high credit card APR or more balance transfer fees).
That said depending on which card the payments might not be any lower than the loan repayments (a lot of cards have 2% minimum payments).

But the real problem will be that the chance of getting such a card with a sufficent limit when she has only be SE for a few months is very low.