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#1931277 - 06/11/14 11:21 AM cash advance to make loan payment
dnau Offline
Member
Joined: Jul 2009
Posts: 93
I believe a bank cannot allow a borrower to make a loan payment using their VISA/MasterCard credit card, a little different scenario: if the customer conducts a cash advance and then gives us cash for the loan payment, I feel it falls in the same category that it is also prohibited. Do I have this scenario correct?

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#1931651 - 06/11/14 08:12 PM Re: cash advance to make loan payment dnau
fmissle Offline
Diamond Poster
Joined: Jul 2007
Posts: 1,025
Pac NW
This came up in a different thread and it looks like the rule regarding this may have changed.

http://www.bankersonline.com/forum/ubbthreads.php?ubb=showflat&Number=1925943&an=

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