Im with cahoot and have a 3k loan, I thought I could save the 11.8% interest rate by transfering it to an interest free credit card. I cannt simply transfer the money onto my cahoot credit card, as the site wont let me. Any ideas how I can transfer my 3k loan onto an 0% interest credit card?
Thanks for reading,
Dave
Im with cahoot and have a 3k loan, I thought I could save the 11.8%
Ask if they'll send you a credit card cheque book and confirm that cheques are also at the 0% rate.
Some credit cards allow you to transfer your overdraft balance from your bank account. You don't actually have to have an overdraft to do this, so effectively you are transferring cash into your bank account, which you can then use to pay off the loan.
Snuggles
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