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Jul
23

CAn you use a credit card to pay off monthly student loans?

Personal Finance

  
direct student loans
lawechang asked:

I dont mean direct transfer to use the CC to pay off the loan. Im asking about when you have to pay each month, can you pay it on your instead of cheque/direct withdrawal.
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    1. Norm Peterson Says:

      Depends on the financial institution. Call them and ask.

    2. arbpdx1 Says:

      Yes, the only reason why you wouldn’t be able to would be because they don’t take credit cards.

    3. harish Says:

      Small steps like paying your bills on time and using only part of the credit available to you. Also use your credit cards for making small payments regularly, so that it is reflected in your credit record. More tips available at

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