quick question

[creditchild]

i had over $20k in student loans, does anyone know if i can pay

the last $1000 on my credit card? looking to out this all behind me

Thanks

[JM-AM]

If the creditor/lender accepts the CC for payment yes.

[creditchild]

Thanks Jm

[MarineVietVet]

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@JM-AM wrote:

If the creditor/lender accepts the CC for payment yes.

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I agree. Some lenders won't accept a CC payment. I would call and see if this lender will.

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

[Tazman81]

Also be very careful with making "loan" payments with your credit cards.  A lot of credit card companies see these types of transactions as a cash advance so you could be hit with a cash advance fee along with a higher interest rate on that transaction.

[Anonymous]

There is a reason cc companies are nervous about charging student loan payments (especially large balances such a $5k, $10k, etc).  In bk, your cannot discharge (get rid of) your student loans.  However, if someone pays a $12k student loan off with a cc, they can then file for bk and now it's the cc company who gets stuck because a MC or Visa balance is not a student loan balance..