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Come to think of it, is it even possible to BT a bank loan to a cc? How would that work unless I could get my hands on a BT "check"?


I think that's exactly the strategy. We get those balance transfer checks constantly from our credit card companies, but I never personally thought about trying to pay off the car with them.

My guess is that you'd have to pay yourself first, and then get a cashiers' check to send in to the car loan company. That company can give you a payoff quotation that is good for a particular length of time, and you'd just need to pay yourself enough on those checks to be able to pay off the loan.

In my situation, I could use my HELOC to do that; however, the HELOC fixed rate (6.2%) is higher than my car loan rates (about 4%).
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