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Can You Pay Student Loans With a Credit Card? – Experian
https://www.experian.com/blogs/ask-experian/can-you-pay-student-loans-with-a-credit-card/
You typically can’t pay student loans with a credit card directly to your student loan servicer or lender. It’s possible, however, to use a third-party payment service or a line of credit to pay student loans—say, by transferring them to a card with a 0% APR period or by taking out a cash advance. But these options are risky and expensive. In …
Can you pay student loans with a credit card? – WalletHub
https://wallethub.com/answers/cc/pay-student-loans-with-credit-card-2140663746/
08/01/2021 · Here’s how you can pay student loans with a credit card: U.S. Department of Treasury rules prohibit making student loan payments directly with a credit card, as of 2017. You can use online bill payment services like Plastiq to make payments on your student loans. These services charge your credit card, then send a check or wire transfer to the loan issuer. …
FAQ can i pay discover student loan with credit card
How do I pay off my discover student loans?
Choose a payment method (online, automatic, by phone or by mail). Make your monthly payments on time. Most Discover student loans provide you with a grace period — a period of time when you are not required to make monthly payments.
Can a discover personal loan be used to pay off credit cards?
Also, a Discover Personal Loan cannot be used to directly pay off a Discover credit card. When you consolidate your variable rate debt into a Discover personal loan, you get the added benefit of a fixed rate, fixed term loan.
How do discover student credit cards help build credit?
When used responsibly, Discover student credit cards are a great way to build credit while earning cash back rewards on every purchase. That’s because Discover reports your credit history to the three major credit bureaus so it can help build your credit if used responsibly.
Can I pay my student loans with a credit card?
Paying student loans with a credit card does offer some unique benefits: Once your student loan grace period ends, your loans are like any other: they must be repaid on a regular schedule. If you are able to transfer your student loans to a credit card, you may be offered a minimum balance that aligns with your current needs.
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