No. of Recommendations: 1
Paying a loan with a credit card is a very bad idea from the start.

You may have the best of intentions, but sooner or later something will come up & it's too easy too simply convince yourself "I don't have to pay the balance in full this month. I'll pay the minimum & get caught up next month."

I was thinking I could use the credit card to pay off my monthly private loans payments, which look like they will be draining me of all my money. So instead of your loan payments draining all of your money, your CC payment would. And that's better because________?

You said you're not working. Where's the money for the loan payments coming from?
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