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Absolutely nothing stops you. The bank you owe money to has no rights whatsoever to control where the payoff money comes from. https://www.moneycrashers.com/re
by lazyasciiart 7y ago
Absolutely nothing stops you. The bank you owe money to has no rights whatsoever to control where the payoff money comes from.
https://www.moneycrashers.com/responsible-use-0-balance-transfer-credit-cards-debt/ https://www.moneycrashers.com/responsible-use-0-balance-tran...
- dredmorbius 7y agoThe bank lending the money may we'll care where it's going. A bank's primary business is managing risk. And borrowing from Peter to pay Paul (having previously borrowed from Paul) is a significantly different risk profile than borrowing for investment or even present consumption.