2007-04-02 05:59:21 · 5 answers · asked by i_m_n_emt 2 in Business & Finance ➔ Credit
yes! don't do that...pay the truck payment in cash...you're hurting yourself using a high interest credit card to pay a car loan...
2007-04-02 06:03:44 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If your lender accepts credit card payments? Then no it would not be considered a cash advance.
I have to ask, why would you do this? You are going to end up paying interest on top of interest unless you pay off the credit card in full.
2007-04-02 13:03:50 · answer #2 · answered by ? 7 · 0⤊ 0⤋
I dont know of any auto lenders that accept credit card payments, but if they do I would assume it would be treated the same as a debit or check payment unless the rules say otherwise
2007-04-02 13:10:37 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes, that's considered a "cash equivalent" transaction.
2007-04-02 13:11:14 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 1⤋
Without a doubt.
2007-04-02 13:08:51 · answer #5 · answered by lazyike 2 · 0⤊ 0⤋