Can a credit card be used to make a loan payment or to pay off a loan completely?
The simple answer is yes, it can. There are generally no restrictions on the use of your credit card limit. Even the IRS accepts credit card payments, and that is a debt.
From a bankers perspective, this would be questioned. That doesn't mean necessarily that it is wrong. There may be a good reason to do this, but if the intent is to simply cover one debt with another, you may not be helping yourself in the long run.
The problem is that credit cards can take a very long time to repay if you make only the minimum payments, and the interest rate is often higher than on a traditional loan, so from a money management perspective, this would not be a smart move unless the credit card debt is already planned to be paid and using it is a temporary way to pay the other debt more easily.
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The simple answer is yes, it can. There are generally no restrictions on the use of your credit card limit. Even the 