Table of Contents
Why can’t I pay my mortgage with a credit card?
For starters, mortgage lenders typically don't accept credit cards for payments because they don't want to pay the transaction fees. It's also difficult to find a lender who accepts debt-for-debt payments, such as using your credit card to pay for your mortgage.
Can you pay life insurance premium credit card?
You can pay your first premium via credit card if you are applying for a regular premium policy. There is no cap on the amount to be deducted but it has to be within your credit limit with the bank.
Why can’t I make a mortgage payment with a credit card?
Mortgage lenders in general don't accept credit cards. One reason is that mortgage lenders would incur transaction-related fees. Lenders also don't like the idea of your paying one debt by taking on another debt. So this means you have to use a third-party service to pay your mortgage with a credit card.
Why can’t I pay my mortgage with a credit card?
For starters, mortgage lenders typically don't accept credit cards for payments because they don't want to pay the transaction fees. It's also difficult to find a lender who accepts debt-for-debt payments, such as using your credit card to pay for your mortgage.
Can I pay my loan with a credit card?
If your lender allows it and you are given enough of a credit limit, you may be able to pay a portion of your entire balance of your home, car or student loans with a credit card. Federal student loan issuers, however, are restricted by the Department of Treasury from accepting credit card payments.
Can I pay my insurance premium with credit card?
Individuals can pay their insurance premium payments through a number of methods such as internet banking, auto-debit and also through credit cards and debit cards.
Can I pay ULIP premium by credit card?
Enter Policy Details and Pay using NetBanking or Debit/Credit Cards. This facility is available for all non-ULIP policies.