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Paying ‘ballon’ payment on pcp car with 0 pc cred card?

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Comments

  • virgin money currently offering 16 months 0% on money transfers with 3.5% fee if this helps
  • born_again
    born_again Posts: 20,616 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Biggest issue is going to be getting a limit near enough to the ballon payment.
    Given the PCP showing as a credit on account.
    Life in the slow lane
  • MyRealNameToo
    MyRealNameToo Posts: 639 Forumite
    500 Posts Name Dropper
    Biggest issue is going to be getting a limit near enough to the ballon payment.
    Given the PCP showing as a credit on account.
    It could be, depends on the OPs situation and size of the balloon. 

    MBNA gave me a new CC with an available limit to pay off the balloons of the vast majority of PCP despite having other outstanding credit. To be honest was surprised it was as big a limit as it was and was more than double than any other prior credit cards initial limit and was 50% more than any other credit card even after years of holding the others. 
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