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Getting rid of a loan using 0% credit card
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I have a loan which I wish to pay off using a 0% credit card. After receiving a settlement figure, the company tell me they can't/ won't accept a credit card payment. 1. Are they within their rights to do this? 2. If they are within their rights to do this, is there a work around?
Thanks in advance.
Thanks in advance.
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Replies
2. You should have applied for a 0% money transfer card.
My existing loan is for 15 years - I didn't realise!! I'll be paying a fortune! Took out the loan about 5 years ago and thought I was coming to the end. I had the shock of my life..... it was one of these point of sale loans - I really should have known better!
That's a good deal for an existing customer. Do you mind naming which card company that is with please?
What is the interest rate after the 0% deal ends?
Sorry what, how did you not realise it was for 15 years and not 5?
How much is the balance of the loan and how much are you paying a month?