Can anyone help!

Dardy1

I currently have a loan with an apr of 8.9%, I am looking to settle the balance ASAP possibly by credit card - can I use a balance transfer credit card with 0% apr to pay the loan in full & pay the card back before the 0% finishes to save £ - if not any other suggestions to pay the loan ASAP? Thank you

Hominu

What you are looking for is a super balance transfer (allowing you to transfer balance to a bank account), a normal balance transfer will not work.

eskbanker

See http://www.moneysavingexpert.com/credit-cards/balance-transfer-credit-cards#moneytransfer for a guide to the type of cards you're looking for.

grumbler

Dardy1 wrote: »

I currently have a loan with an apr of 8.9%, I am looking to settle the balance ASAP possibly by credit card - can I use a balance transfer credit card with 0% apr to pay the loan in full & pay the card back before the 0% finishes to save £

• Super transfers

- if not any other suggestions to pay the loan ASAP?

Why such haste to settle the loan ASAP by any means?

redpete

Dardy1 wrote: »

if not any other suggestions to pay the loan ASAP? Thank you

• earn more
• spend less
• borrow from family
• get a cheaper loan

Dardy1

Thank you - I had a look at the super balance transfers - wanted to pay the loan off at the early settlement fee amount (saving £500) & reduce the number of months payment & cost as looking to move house but need this paid off first. 😂😂