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Credit union loan
Macriabhaigh
Posts: 1 Newbie
in Loans
Hi,
I was told by my credit union that it was not possible to pay off my loan with a credit card (0%). Is this true and if so. Is there another method to transfer my loan to something with lower interest.
I was told by my credit union that it was not possible to pay off my loan with a credit card (0%). Is this true and if so. Is there another method to transfer my loan to something with lower interest.
0
Comments
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if they won't take payment that way then it is true! is there a charge for the balance tranfer? will your card transfer to your bank?2021 GC £1365.71/ £24000
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If they won't take a CC payment you need a money transfer card but there are few completely free MT cards at the moment. What APR is the loan ?0
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Instead maybe start spending on the 0% card and then using the money to the loan. That way you are effectively paying with the CC while avoiding balance transfer fees. May take a while depending on the loan amount but will likely be cheaper than doing a balance transfer.0
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