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Employer Loan / CC Query
dcouponzzzz
Posts: 450 Forumite
Hey guys,
So I've got a 0% employer travel loan for £2988 being added to my August wage which I'll be paying off in equal parts over 10 months from September.
I've also got a credit card with a £0 balance and £5500 available credit, with 0% purchases for 27 months....
Is it breaching any conditions anywhere to pay the season ticket with the credit card, and put the employer loan in a high interest current account, and pay the minimum payments for 12 months before clearing the debt? Or even paying in to a 6% First Direct regular saver?
I couldn't see anything in the CC T&Cs against this, and the employer agreement simply requires proof of purchasing the season ticket.
Thanks in advance
So I've got a 0% employer travel loan for £2988 being added to my August wage which I'll be paying off in equal parts over 10 months from September.
I've also got a credit card with a £0 balance and £5500 available credit, with 0% purchases for 27 months....
Is it breaching any conditions anywhere to pay the season ticket with the credit card, and put the employer loan in a high interest current account, and pay the minimum payments for 12 months before clearing the debt? Or even paying in to a 6% First Direct regular saver?
I couldn't see anything in the CC T&Cs against this, and the employer agreement simply requires proof of purchasing the season ticket.
Thanks in advance
Started 07/15. Car finance £6951 , Mortgage: 261k - Savings: £0! Home improvements are expensive
0
Comments
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Can't see any problem with what you are proposing to do.loose does not rhyme with choose but lose does and is the word you meant to write.0
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