Can I pay off my friends credit card with my credit card?
Yes, you can pay off a friends credit card with your own via a cash advance or balance transfer. However, both methods typically incur fees and high interest. Consider less costly alternatives before choosing this option.
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Can I pay off my friend’s credit card with mine? Ugh, I’ve been there. It’s tough seeing a friend struggle. Yes, technically you can pay it off with yours, like, you could do a cash advance and then pay their card, or maybe even a balance transfer… but honestly? Both of those options are usually a killer with fees and crazy-high interest rates. Remember that time I tried to help Sarah out with her vet bill? I ended up paying way more than I originally intended because of the interest! It was a mess. So, before you jump into that, definitely think about other ways to help. Maybe you could loan them the money directly and work out a payment plan you both can handle, or even explore some debt consolidation options together. Just, you know, something less likely to leave you both in a financial hole. It’s hard saying no, but sometimes it’s the best thing for everyone in the long run, right? Just something to think about.
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