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Pay off car loan early

Last post Sun, Jul 12 2009, 5:30 PM by conmankiller. 1 replies.
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  •  Sun, Jul 12 2009, 5:30 PM

    Re: Pay off car loan early

    Would AA Finance allow me to payoff the loan using a credit card?

    Why not simply ask the AA, they will provide a more definitive answer than could possibly be given on here.?

    From my point of view if the intended credit card issuer is willing to accept the loan transfer (which could be a problem, as not all cards will allow this), then the AA would have no choice in the matter. !

    • Post Points: 5
  •  Sun, Jul 12 2009, 3:20 PM

    Pay off car loan early

    I have a 5.8% car loan with AA Finance and need to pay off the outstanding £7000 before the end of 2010. I have discussed with AA and I can increase my monthly payments to £500 to satisfy the payments. I have minimal debts against my credit cards and wondered if I could payoff the loan against my credit card and then switch the balance to a 0% credit card. This would save me the £40 monthly interest payments. Would AA Finance allow me to payoff the loan using a credit card?

    • Post Points: 20