Pay car payment with credit card

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Throwback
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Pay car payment with credit card

Postby Throwback » Wed Dec 01, 2010 4:52 pm

Can you pay car payments with a credit card? Which auto financing companies allow that to be done?

My payment is $339 and its going to be super hard for me to come up with the cash for that this month.


JL70
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Postby JL70 » Thu Dec 02, 2010 12:15 pm

Call your lender and ask them. Some of them will allow you to do it over the phone, but only when is late.
If you are having trouble this month, I would look into having this month's payment deferred, they move it to the end of the loan so you can catch up with payments. Most lenders do this up to twice a year if you have a good history. Alternately, you could use your card to send money to a friend's Paypal account.

Putting monthly recurring expenses (like rent, car payments, etc) on credit cards it's not a good idea because it can take you to bad places, this should be your last resource.

Throwback
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Postby Throwback » Thu Dec 02, 2010 5:50 pm

Asking for a month deferred payment is a great suggestion! I didn't know that was an option! I will give a call this evening and see if that can be done for this month. I am completely with you that paying car payments with a credit card is not a good idea but it would only be somethng for one month.


JL70
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Postby JL70 » Thu Dec 02, 2010 5:58 pm

Good Luck and let us know what they said.

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Cucumber
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Postby Cucumber » Fri Dec 03, 2010 3:57 am

I wish it was possible to make car payments with a credit card. I mean think of how may extra points I could get LOL :ppp
OBAMA
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Cucumber
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Postby Cucumber » Fri Dec 03, 2010 3:59 am

I wish it was possible to make car payments with a credit card. I mean think of how may extra points I could get LOL :ppp
OBAMA
Stop talking crap about him!

JL70
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Postby JL70 » Fri Dec 03, 2010 9:29 am

Cucumber wrote:I wish it was possible to make car payments with a credit card. I mean think of how may extra points I could get LOL :ppp


That would be nice!



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