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New Contributor
Posts: 112
Registered: ‎10-05-2007
0

Balance transfer question

Hey,
 
Can I transfer the balance of a personal loan onto a CC through a balance transfer or is that strictly for CCs?
Epic Contributor
Posts: 25,589
Registered: ‎10-23-2007
0

Re: Balance transfer question

you can... just give the address and account number just the same.
you can even pay a person with balance transfers
Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
95 Cards and Counting Smiley Tongue
Moderator Emeritus
Posts: 16,383
Registered: ‎03-12-2007
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Re: Balance transfer question



hunting_bears wrote:
Hey,
 
Can I transfer the balance of a personal loan onto a CC through a balance transfer or is that strictly for CCs?


Why are you considering this??
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
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Valued Contributor
Posts: 2,010
Registered: ‎07-01-2007
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Re: Balance transfer question

If it will save you money, you can pay just about anyone and anything with a BT.  If not directly, the majority of CCCs will know how to 'issue it as a check' which means the same terms, but they will deposit it into you checking account as your own cash.
EQ 787 EX 781 TU 737 11/17/07 *** I am not an attorney. If I was, I might not clip coupons. If you want legal advice, consult an attorney. If you want my personal opinion, feel free to consider my posts***
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