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Paying off a loan with a credit card
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A balance transfer card is no good because you are not transferring a balance from another card.
You need a money transfer card so you can transfer the cash to the bank then pay off the loan, see here: http://www.moneysavingexpert.com/loans/cut-loan-overdraft-costs
Ebe Scrooge was talking about the same thing just using the terminology "super balance transfer" card.
You just need to do the sums to determine if the money transfer fee is cheaper than continuing the loan. Check whether there are any early repayment penalties and factor them into the calculation.0
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