They say they will not accept cash or 3rd party checks. Looks like they try to delay full payoff. Yet this would seem to violate interstate commerce law.
2007-04-08 10:34:08 · 3 answers · asked by Maldives 3 in Business & Finance ➔ Credit
Credit card companies are offering checks at rates lower than my loan percent, so it makes sense to use the check. If I transfer in money from the credit card to my checking account, then the credit card interest is higher than the loan percent.
2007-04-08 10:50:05 · update #1
If you can pay back the credit card, after you deposit that other check to have the funds to pay it back, and can do it right away, then use the cash advance check! Just don't borrow anything you can't pay back or you'll be in a heap of trouble!
2007-04-08 11:09:33 · answer #1 · answered by Hot Coco Puff 7 · 3⤊ 0⤋
If you have a checking account, make a cash advance from your credit card into the checking account, and send the loan company a check.
2007-04-08 10:42:19 · answer #2 · answered by Resident Heretic 7 · 0⤊ 0⤋
Go buy a money order.
2007-04-08 10:48:27 · answer #3 · answered by STEVEN F 7 · 1⤊ 0⤋