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re: Should I save money or pay off student loans quicker?

Posted on 10/8/13 at 12:38 pm to
Posted by BACONisMEATcandy
Member since Dec 2007
46644 posts
Posted on 10/8/13 at 12:38 pm to
quote:

I didn't even know this was an option. Is this something worth looking into?

Sounds above my head.


Easiest way is to just use it to "live off" of the cc and put 90% of your cash towards your loans. It essentially does the same thing just takes some time. You'll need a high CC limit though
Posted by PrettyBird
Aspen
Member since Feb 2010
10361 posts
Posted on 10/8/13 at 12:54 pm to
...Well I currently "live off" my credit card. Purchase everything with it, and just pay it off to zero each month.

I just meant how would I transfer my loan to a credit card? Also - I'm not sure if I want to open another credit card in the amount of $20k. Or if I can. I have three CC now, with a total of almost $20k, one is $10k the other two $5k.

If this is even what you were referring too... see, over my head!
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