@FastForward wrote:
@longtimelurker wrote:
@Networth wrote:
Some Bank's may view someone paying your mortage(a loan/debt) with another loan(credit card) as desperation and a sign of financial difficulty or strain. Honestly if I could find a cost effective way to do it I would pay everything, including my auto loan(s) with a CC. I know Amex offer's this service but it is for very specfic dealers whom they have a contract with.
If you can buy VR (or at a pinch gift cards) with credit cards, that is a fairly cost effective way, depending on the card and how you value the rewards.
I've been wondering -- would a CCC consider using VR's & Bluebird to pay ongoing monthly bills like your mortgage, car, etc. as MS (which I've read you may get AA for)? I would think not, but this question has crossed my mind.
It is absolutely MS by the very definition of MS... but done in moderation, it's fine.