Buying a Car With a Credit Card
Author: QikPass
Posted: Sun Mar 12, 2006 10:06 pm
Post subject: Buying a car with a credit card?
Is there anything in cc agreements against doing a balance transfer from a car loan?
I see in of my cc agreements, they say u can transfer your high interest rate Credit cards to XYZ, but they dont stipulate whether u can use car loans also.
Can someone please advise.
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Author: mouse
Posted: Sun Mar 12, 2006 10:48 pm
Post subject: Re: Buying a car with a credit card?
QikPass wrote:
Is there anything in cc agreements against doing a balance transfer from a car loan?
I see in of my cc agreements, they say u can transfer your high interest rate Credit cards to XYZ, but they dont stipulate whether u can use car loans also.
Can someone please advise.
Thanks.
All you need is an account number...a price to pay...and sometimes the payment address
Author: rapjunkie
Posted: Sun Mar 12, 2006 11:27 pm
Post subject:
You can always use BT checks too.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Tigerdad101
Posted: Mon Mar 13, 2006 1:47 am
Post subject: Re: Buying a car with a credit card?
QikPass wrote:
Is there anything in cc agreements against doing a balance transfer from a car loan?
Apparently not. I aksed Chase Visa, Discover and Capital One MasterCard that exact question (just to be sure I was not violating the card agreements) and they all told me some version of "How you use the balance transfer checks we sent you is up to you." They could only handle direct transfers for other credit cards but the bottom line is that I used a balance transfer check to buy a Ford F-350 for 0% and then transferred that 0% loan to another credit card at 0% a month before it ran out. Now I have another 15 months of 0% and figure I'll likely have another offer for a similar rate/balance transfer before that runs out.
Author: TomfromCT
Posted: Mon Mar 13, 2006 7:51 am
Post subject:
we bought the entire truck from the dealer with a 4.9% check.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Sun Mar 12, 2006 10:06 pm
Post subject: Buying a car with a credit card?
Is there anything in cc agreements against doing a balance transfer from a car loan?
I see in of my cc agreements, they say u can transfer your high interest rate Credit cards to XYZ, but they dont stipulate whether u can use car loans also.
Can someone please advise.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouse
Posted: Sun Mar 12, 2006 10:48 pm
Post subject: Re: Buying a car with a credit card?
QikPass wrote:
Is there anything in cc agreements against doing a balance transfer from a car loan?
I see in of my cc agreements, they say u can transfer your high interest rate Credit cards to XYZ, but they dont stipulate whether u can use car loans also.
Can someone please advise.
Thanks.
All you need is an account number...a price to pay...and sometimes the payment address
Author: rapjunkie
Posted: Sun Mar 12, 2006 11:27 pm
Post subject:
You can always use BT checks too.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Tigerdad101
Posted: Mon Mar 13, 2006 1:47 am
Post subject: Re: Buying a car with a credit card?
QikPass wrote:
Is there anything in cc agreements against doing a balance transfer from a car loan?
Apparently not. I aksed Chase Visa, Discover and Capital One MasterCard that exact question (just to be sure I was not violating the card agreements) and they all told me some version of "How you use the balance transfer checks we sent you is up to you." They could only handle direct transfers for other credit cards but the bottom line is that I used a balance transfer check to buy a Ford F-350 for 0% and then transferred that 0% loan to another credit card at 0% a month before it ran out. Now I have another 15 months of 0% and figure I'll likely have another offer for a similar rate/balance transfer before that runs out.
Author: TomfromCT
Posted: Mon Mar 13, 2006 7:51 am
Post subject:
we bought the entire truck from the dealer with a 4.9% check.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 6:34 PM
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