2007-02-22 06:59:27 · 9 answers · asked by stell0603 2 in Business & Finance ➔ Credit
If the other person went and got a cash advance on their credit card and gave the money to you to pay the bill, then yes. I don't think you can do a direct transaction.
2007-02-22 07:07:09 · answer #1 · answered by annazzz1966 6 · 0⤊ 0⤋
I'm not an expert, but I would say that it's better to pay off the debts you already have in slow, steady amounts rather than to use a credit card. After all, you will still have to pay the credit card people. Also, if your mom already has bad credit, if she is even able to get a credit card it will have really high interest rates. If you can show a company that you are really trying to pay of your debts, even if you can only pay them a little bit at a time, they appreciate that more than if you don't pay at all. Try to help her reduce the bills as much as possible by not using services that she doesn't really need. It might not be fun for a few months, but in the long run she will be much better off.
2016-05-23 23:34:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Absolutely.
You can even pay one of your own off with another one of your cards (using cash advance).
This method is often used in trying to obtain more credit.
Some cards will even let you transfer the debt at a lower rate just to get you to sign up.
The only thing is that there is no 30 day grace period. On a cash advance you start paying interest immediately (obviously at the credit rate)
2007-02-22 07:10:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I believe they could do a transfer from their credit card account to yours; however, it would count as a "cash advance" and they'd pay a huge interest on the amount (usually around 20%).
2007-02-22 07:07:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes it is. As a matter of fact my girlfriend did this for me several years ago since she had a lot better rate than I did. A few years later after we were married and my credit score was a lot better I did the same thing for her.
2007-02-22 09:01:09 · answer #5 · answered by ? 7 · 0⤊ 0⤋
I think so you can pay whatever you want with credit card
2007-02-22 07:07:25 · answer #6 · answered by Anonymous · 0⤊ 0⤋
As far as I know, there's 2 ways that I'm aware of. You can make a cash advance, or convenience cheques.
2007-02-22 07:10:31 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Yes, as long as they have the funds available.
2007-02-22 07:07:16 · answer #8 · answered by mypassions4life 5 · 0⤊ 0⤋
yes you can why would that be a big deal.........
2007-02-22 07:49:42 · answer #9 · answered by roger c 2 · 0⤊ 0⤋