Can I Balance Transfer A Personal Loan To A Credit Card

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If you re diligent you can save on interest charges with a balance transfer card.

Can i balance transfer a personal loan to a credit card. Some credit card issuers will allow you to do it directly through your online account like any other balance transfer. Credit card companies often provide debtors with balance transfer checks that work like ordinary bank checks. If you d rather keep things simple buckle down and concentrate on paying the loan the old fashioned way.

Yes a credit card can pay off a personal loan. You can use a credit card to pay off a personal loan advised personal finance writer and credit card expert ben luthi. Balance transfer personal loans similar to balance transfer cards a balance transfer loan also allows you to pay down high interest debt and credit cards by consolidating them into one low monthly payment.

As for making your loan payments with a credit card the odds of your lender allowing card payments on a personal loan are slim. You can certainly move your personal loan balance to a credit card. Well at least in some cases.

The big catch however is your credit card options not many issuers allow transfer of personal loan debt. You can t transfer a balance from one citi card to another for example or from a wells fargo personal loan to a wells fargo credit card. Additionally many banks issue credit cards on behalf of.

You cannot move a balance from one citi credit card to another.

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Pin On Personal Finance Advice

Pin On Personal Finance Advice

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