Paying off a personal loan with a 0% credit card?
Wednesday, May 27th, 2009edu_j asked:
I have a personal loan of £4000 with my bank which i want to pay off with a 0% credit card. How will this transaction come out in my card, as a cash advance or just like any purchase? I know interest will be applied if it will come out as cash advance. Im doing this so i can settle early and apply for a bigger loan. I will pay off the card with the money ill get. Is this possible?tnx
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I have a personal loan of £4000 with my bank which i want to pay off with a 0% credit card. How will this transaction come out in my card, as a cash advance or just like any purchase? I know interest will be applied if it will come out as cash advance. Im doing this so i can settle early and apply for a bigger loan. I will pay off the card with the money ill get. Is this possible?tnx
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