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1. • • Using a credit card to pay off student loans is only possible in specific circumstances — and it’s often not worth the effort. To pay your student loans with a credit card, you’ll likely have to either use a third-party payment service or convenience checks — both of which are expensive and can cancel out any rewards you might earn with your card.
     www.bankrate.com/credit-cards/building-credit/how-to-pay-off-student-loans-with-a-credit-card/

     How To Pay Off Student Loans With A Credit Card | Bankrate

2. www.fool.com › money › credit-cardsShould You Pay Off Your Student Loans or Your Credit Card First?

   www.fool.com › money › credit-cards

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   20 hours ago · Every situation is unique, but generally speaking, it's best to prioritize paying off your credit card debt over your student loans. That's because credit cards tend to have high annual percentage ...

3. www.forbes.com › advisor › student-loansShould I Use My Credit Card To Pay For My Student Loans? - Forbes

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   • How to Pay Student Loans with A Credit Card
   • Only Use Credit Cards as A Last Resort
   • Alternatives to A Credit Card For Paying Federal Student Loans
   • Alternatives to A Credit Card For Paying Private Student Loans

   Federal and most private student loanproviders don’t let borrowers make payments directly with a credit card. The private lenders that allow credit card payments also may charge a transaction fee, which will add to the cost of your loan payment. What’s more, if you can’t repay the credit card bill in full, you’ll be charged interest on the unpaid a...

   See full list on forbes.com

   Credit cards are a type of revolving debt, so there’s no fixed payoff timeline. If you only make the minimum payment, you could end up paying hundreds of dollars in interest charges. If you put a $500 student loan payment on a credit card with 17% APR and a $15 minimum payment, it would take you 46 months to repay the balance in full. This would co...

   See full list on forbes.com

   Borrowers having trouble paying their federal student loans should consider these alternatives before using a credit card.

   See full list on forbes.com

   Borrowers with private loans have fewer options than federal student loan borrowers have, but there are still strategies they can take advantage of.

   See full list on forbes.com

4. Videos

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     How To Pay Student Loans With A Credit Card | Plastiq Tutorial

     Aug 4, 2019

     8.1K Views

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     investopedia.com

     Can You Earn Credit Card Rewards for Paying Student Loans?

     Dec 31, 2008

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     3:03

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     Credit Card Debt A Student's Story

     May 25, 2015

     22.3K Views

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5. www.nerdwallet.com › pay-student-loans-credit-cardCan I Put My Student Loan Payment on a Credit Card?

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   Sep 26, 2023 · If you’re thinking of using a credit card to pay off your student loans, it might be because you don’t have cash on hand. But there are better options: Enroll in an income-driven repayment...

6. globalnews.ca › how-fast-to-repay-student-loansHow quickly should you pay off your student loans? Two money ...

   globalnews.ca › how-fast-to-repay-student-loans

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   Sep 12, 2019 · While even the new interest rates might be higher than what you’d pay on a mortgage these days, student loans are far cheaper than credit cards, which typically charge an interest of...

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7. thepointsguy.com › credit-cards › pay-your-studentCan you pay your student loans with a credit card? - The ...

   thepointsguy.com › credit-cards › pay-your-student

   Jun 13, 2024 · If you're currently repaying your student loans or if you're a recent grad facing the start of repayments, you may wonder if you can pay your loans with a credit card. Since student loan payments are often large, they could, in theory, be an easy way to hit spending requirements for welcome offers.

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8. www.msn.com › en-us › moneyShould You Pay Off Your Student Loans or Your Credit ... - MSN

   www.msn.com › en-us › money

   Every situation is unique, but generally speaking, it's best to prioritize paying off your credit card debt over your student loans. That's because credit cards tend to have high annual percentage ...

9. People also ask

   Can I pay my student loan with a credit card?

   • Here’s what you need to know. Federal and most private student loan providers don’t let borrowers make payments directly with a credit card. The private lenders that allow credit card payments also may charge a transaction fee, which will add to the cost of your loan payment.

   Should I Use My Credit Card To Pay For My Student Loans?

   www.forbes.com/advisor/student-loans/should-i-use-my-credit-card-to-pay-for-my-student-loans/

   See all results for this question

   Are student loans cheaper than credit cards?

   • While even the new interest rates might be higher than what you’d pay on a mortgage these days, student loans are far cheaper than credit cards, which typically charge an interest of 20-per cent on purchases. “I tend to want to tackle the highest interest rate first,” Engen said.

   How quickly should you pay off your student loans? Two money experts

   globalnews.ca/news/5878260/how-fast-to-repay-student-loans/

   See all results for this question

   Should you pay off student loans while paying off credit card debt?

   • This isn't to say that you should completely ignore your student loan payments while paying off credit card debt. Doing that would put you into default. But don't pay extra toward your student loans while paying off your credit card debt. Once your credit cards are paid off, you can put any extra cash you have toward your student loans.

   Should You Pay Off Your Student Loans or Your Credit Card First?

   www.fool.com/money/credit-cards/articles/should-you-pay-off-your-student-loans-or-your-credit-card-first/

   See all results for this question

   What if I put a $500 student loan payment on a credit card?

   • If you put a $500 student loan payment on a credit card with 17% APR and a $15 minimum payment, it would take you 46 months to repay the balance in full. This would cost you $181.48 in interest. If you used the card to pay for $1,500 in student loan payments and only made the minimum payment, you would end up paying $1,565.90 in interest.

   Should I Use My Credit Card To Pay For My Student Loans?

   www.forbes.com/advisor/student-loans/should-i-use-my-credit-card-to-pay-for-my-student-loans/

   See all results for this question

   Can I put extra money toward my student loans?

   • Once your credit cards are paid off, you can put any extra cash you have toward your student loans. There are a few tried-and-true ways to tackle credit card debt. First is to pay the minimum balance on each card and then put any extra money you have toward the card with the highest interest rate first.

   Should You Pay Off Your Student Loans or Your Credit Card First?

   www.fool.com/money/credit-cards/articles/should-you-pay-off-your-student-loans-or-your-credit-card-first/

   See all results for this question

   Do student loans charge interest?

   • Student loans charge interest too, but the rates generally aren't as high, especially for federal student loans. Direct loans for undergraduate students right now only charge 6.53%. You also get a specified loan term with predictable monthly payments, whereas credit card debt could go on indefinitely if you're only making the minimum payment.

   Should You Pay Off Your Student Loans or Your Credit Card First?

   www.fool.com/money/credit-cards/articles/should-you-pay-off-your-student-loans-or-your-credit-card-first/

   See all results for this question

10. www.bankrate.com › credit-cards › building-creditHow To Pay Off Student Loans With A Credit Card | Bankrate

    www.bankrate.com › credit-cards › building-credit

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    Jul 3, 2024 · To pay your student loans with a credit card, you’ll likely have to either use a third-party payment service or convenience checks — both of which are expensive and can cancel out any...