Can I use my Amex to pay my car loan?
Can I use my Amex to pay my car loan? Your ability to pay off a car loan with a credit card depends on your credit card issuer. American Express and Chase, for example, don't let you balance transfer a loan, while Citi and Discover do.
Can I put a down payment on a house with a credit card?
Although it may be possible to buy an inexpensive house with a credit card, you won't be able to do the same with a down payment on a mortgage loan. That's because the primary purpose behind a down payment is to demonstrate your investment in the home to your lender.
Should I pay off my Amex every month?
Paying your credit card balance in full and on time each month can help you optimize your credit score and avoid certain fees. You'll pay more in interest if you make only the minimum payment each month.
What is a good down payment on a 30k car?
A down payment between 10 to 20 percent of the vehicle price is the general recommendation. But if you can afford a larger down payment, you can save even more money on interest payments over the life of the loan.