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Pyying debt / Mortagge on 0% CC
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scoops82
Posts: 247 Forumite
Sorry - I am new to stoozing .
Can you pay off debt or mortgage payments with a 0% purchases card? My GF is hoping to make a final settlement offer this year but we were hoping on using a 0% purchases card to do this.
Does anyone else make overpayments on mortgagees by stoozing?
Scoops
Can you pay off debt or mortgage payments with a 0% purchases card? My GF is hoping to make a final settlement offer this year but we were hoping on using a 0% purchases card to do this.
Does anyone else make overpayments on mortgagees by stoozing?
Scoops
Scoops 
0
Comments
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Most will not allow it, unless you are in arrears. You'll need to check with each lender.0
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I thought as much - is that the same for a final settlement of a debt?Scoops0
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Assuming if it's one that has defaulted, they're more likely to accept any payment method they can get.0
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But will it count as a purchased and therefore not attract any interest on a 0% purchases card?Scoops0
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Good point. Again, it could vary, but it could well be treated as cash.0
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If you have an offset mortgage you can reduce the interest you pay by keeping stoozed money in the offset savings account.0
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