Can I Transfer Personal Loan To Credit Card
You can certainly move your personal loan balance to a credit card.
Can i transfer personal loan to credit card. 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. You can transfer your personal loan to a credit card via a balance transfer. You can use a credit card to pay off a personal loan advised personal finance writer and credit card expert ben luthi.
The big catch however is your credit card options not many issuers allow transfer of personal loan debt. If you re diligent you can save on interest charges with a balance transfer card. As for making your loan payments with a credit card the odds of your lender allowing card payments on a personal loan are slim.
If you d rather keep things simple buckle down and concentrate on paying the loan the old fashioned way. Citi may also refuse to process a balance transfer request when it is from another citigroup account. Some credit card issuers will allow you to do it directly through your online account like any other balance transfer.
The name for your credit card and balance transfer debt must match. No credit card issuer lets you transfer debts among its own products.
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