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Monday, March 11, 2013 - 3:15 PM
Paying Down Student Loan With Credit Cards?
From Bankrate.com:
http://www.bankrate.com/finance/c...t-loan.asp
To outsmart Dr. Don Taylor a bit: One can use home equity LOC to pay off student loan of 6.6%. The typical HELOC rate is about 2-3%; and it will stay there for a while thanks to Fed. Both student loan and HELOC have tax advantages as well.
http://www.bankrate.com/finance/c...t-loan.asp
To outsmart Dr. Don Taylor a bit: One can use home equity LOC to pay off student loan of 6.6%. The typical HELOC rate is about 2-3%; and it will stay there for a while thanks to Fed. Both student loan and HELOC have tax advantages as well.
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