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Yahoo Answers! Credit Cards Discuss Can you use a Credit Card for a down payment on a car even if it would over draft the credit card? in the Yahoo Answers! News and Synergy forums; I know it is a dumb question but if you really know the answer please let me know, I am a bill collecotor ao I already know the fees ans ...
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Old 10-14-2007, 12:45 AM   #1
James
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Can you use a Credit Card for a down payment on a car even if it would over draft the credit card?

I know it is a dumb question but if you really know the answer please let me know, I am a bill collecotor ao I already know the fees ans damages to credit I am just validating whether it could be done or not.
 
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Old 10-14-2007, 12:48 AM   #2
Nally25
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No it will decline the card..
 
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Old 10-14-2007, 12:50 AM   #3
girlwhoknowsitstrue
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Actually, they stopped allowing credit cards to be used to purchase vehicles a number of years ago. People were doing it to get lots of points / frequent flyer miles, and then using the credit card warranty when the car broke down to demand that the vehicle get returned and they get their money back.
 
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