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using card to pay off loan?
lynseyb29
Posts: 22 Forumite
in Credit cards
We have a seperate personal loan on our mortgage with a few years left, the interest rate is low but is about to run out! As we only have £3000 left to pay i wondered if a 0% credit card would be a better option? Is it possible to pay off this loan with a credit card? And will it be a balance transfer card i will be looking for?
Thanks
Thanks
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Comments
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You could probably pay it straight off by using something like a Virgin or Egg Money CC (iirc) - then just pay that back asap.0
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Sorry what does iirc stand for?0
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It's web speak for 'If I recall correctly'.
HTH:DWhilst my posts do not constitute financial advice, I am always, without fail, 100% right!
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would you be charged a cash fee or any other fee for paying ur loan using a credit card additionally?
Interesting this.....0
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