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The amount due on the college loans are astounding: over $1.5 trillion with regards to the Federal Reserve. It means the average student loan debtor owes $thirty five,100.
Seeking a credit card to greatly help spend one to obligations while you are scoring the fresh new perks that lots of playing cards give? The clear answer is you might, however, there are numerous caveats.
Is actually Expenses Student education loans With a charge card Desired?
But if you stand to acquire much inside the charge card rewards, such as for example mastercard circumstances otherwise airline miles, you’ll find three ways you happen to be capable spend student loans having bank card anyway:
Whenever you can discover a balance transfer bank card that have a good 0% introductory rate of interest, you may be able to transfer particular or all of your student loan equilibrium on the card. Continue reading Can you Shell out Figuratively speaking Which have credit cards?