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Can you balance transfer an unsecured loan to a NFCU Credit Card?

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Royalbacon
Frequent Contributor

Can you balance transfer an unsecured loan to a NFCU Credit Card?

Simple question, Can you balance transfer an unsecured loan to a NFCU Credit Card? Or can you onlt balance transfer other credit card balances?

Chapter 7 Bankruptcy Filed-September 2020 Discharged-December 2020
Kohl's Credit Card $3000 Limit (Opened October 2016) Survived Bankruptcy for whatever reason
Closed Capital One Venture One $3000 Limit (Opened December 2020, Closed by me September 2022 since I wanted the SavorOne and couldn't product change to it)
Capital One Auto Loan (Opened March 2021)
Capital One Cabela's $5000 Limit (Opened December 2021)
America First Credit Union Visa $1000 Limit (Opened December 2021)
Capital One SavorOne $5000 Limit (Opened September 2022)
Sam's Club Mastercard Synchrony Bank $2500 Limit (Opened March 30 2023) (Burned Synchrony in my CH7 BK, One card with a $745 balance)
Idaho Central Credit Union ICCU Visa $10,000 Limit (Opened April 2023)
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Anonymous
Not applicable

Re: Can you balance transfer an unsecured loan to a NFCU Credit Card?

I don't see why not?

I don't do the BT like some where you pay one with the other. I use BT checks, write myself the check, deposit the check then pay who I want.

To me i think it looks better. 

It seems some lenders may get spooked if they see your transfering balances around and might cause an AA with some. So I like to keep it simple. A check to me. A personal check from me to to them that way they have no idea i did a BT. 

I'm currently doing a BT with 2 discovers on a 14mo promo

I plan on paying off both cars and will have the money paid back before the 14mo. 

one car note is 476 @ 6.99 the other is 383@ 3.99. just want to save on intrest. 

So they sent me balance transfer checks, i wrote them out to myself, deposited them and then wrote checks to the companies from my checking account. 

Message 2 of 3
Royalbacon
Frequent Contributor

Re: Can you balance transfer an unsecured loan to a NFCU Credit Card?

I did it online and I don't anticipate having any problems

Chapter 7 Bankruptcy Filed-September 2020 Discharged-December 2020
Kohl's Credit Card $3000 Limit (Opened October 2016) Survived Bankruptcy for whatever reason
Closed Capital One Venture One $3000 Limit (Opened December 2020, Closed by me September 2022 since I wanted the SavorOne and couldn't product change to it)
Capital One Auto Loan (Opened March 2021)
Capital One Cabela's $5000 Limit (Opened December 2021)
America First Credit Union Visa $1000 Limit (Opened December 2021)
Capital One SavorOne $5000 Limit (Opened September 2022)
Sam's Club Mastercard Synchrony Bank $2500 Limit (Opened March 30 2023) (Burned Synchrony in my CH7 BK, One card with a $745 balance)
Idaho Central Credit Union ICCU Visa $10,000 Limit (Opened April 2023)
Message 3 of 3
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