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USB BT To Pay Off PL?

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audioman00
Regular Contributor

USB BT To Pay Off PL?

Does anyone know if USB allows BTs to be used to pay off PLs? 

 

Trying to avoid BTing to a no BT fee card that does allow PL pay offs and then BTing to USB.

 

Thanks!


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chiefone4u
Established Contributor

Re: USB BT To Pay Off PL?


@audioman00 wrote:

Does anyone know if USB allows BTs to be used to pay off PLs? 

 

Trying to avoid BTing to a no BT fee card that does allow PL pay offs and then BTing to USB.

 

Thanks!


I don't know if they will let you request a BT online for the personal loan pay-off. If the loan is with another financial institution, you could call the number on the back of your card and request a convience check for your card and mail it to the financial institution that holds your PL.

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audioman00
Regular Contributor

Re: USB BT To Pay Off PL?

@chiefone4u thanks! Have you had success in getting USB to provide you with a convenience check?


Message 3 of 4
chiefone4u
Established Contributor

Re: USB BT To Pay Off PL?


@audioman00 wrote:

@chiefone4u thanks! Have you had success in getting USB to provide you with a convenience check?


Yes we have had success. You just can't write the check to US Bank... yet I believe they do allow you to write it to yourself (as a way to get around some rules).

 

I can't guarantee everyone will qualify for convenience checks; I don't recall seeing or hearing of any special requirements to receive them... but all banks have fine print that basically says they can deny any charge or balance transfer for any reason including no reason at all.

 

I would verify the interest rate including any promotional offer when using the checks to make sure you get the rate you expect. 

 

(F.Y.I. US Bank has some pretty nice rates right now if you decide to refinance into a new PL vs BT).

Goodwill Saturation Technique
Starting Score: EQ:608, EX:617, TU:625
Current Score 3/11/2020: EQ:695, EX:703, TU:720
Goal Score: 740+
Take the myFICO Fitness Challenge
Discover IT $1000Cabelas Clasic $1000Coscto Anywhere Signature Visa -Citi- $7200ExxonMobil Smartcard -Citi- $2500Playstation Visa (Comenity) $1950QuickSilver One $2200Walmart $6000Wells Fargo Platinum Visa $3000
Member of the Synchrony Bank giveth then Taketh away April 2020 Club! $86,900 in available credit gone without warning.
Newest Account July 8, 2020 -- Last HP October 24, 2020 -- Gardening Goal: August 2022 and reach 0/24
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