Can I transfer a home equity loan from my bank to a credit card offering a lower APR. My banks says no.?
Answers:1 | LastUpdateAt:2012-11-05 01:48:01
Can I transfer my balance equity loan ( $ 10,000 at 8.25 % APR ) through my bank to a credit card with an APR lower value (eg a balance transfer card by 1 , 9 % APR for 18 months) . My bank says no .... not without a cash transfer . Why not ? I have excellent credit and this will save me to pay interest for a year and a half . By then , almost all would be paid $ 10,000 too (I put in about $ 700 a month ) . Any advice ?
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Question:Can I transfer a home equity loan from my bank to a credit card offering a lower APR. My banks says no.?
