student loan payments

[brainhulk]

I called Sallie Mae about getting my automatic payments
put on my cash back credit card. Some dude from another country
answered as best as he can in his broken english that I can't do that.
I asked why and he said because that's the way it is. BS!!!!

right now my rate is @ 1.8%, with my 1% cash back card that would be
almost like a free loan.

Sallie Mae you dirty rats!

Anybody else try this?

 

[dullard]

Originally posted by: brainhulk
Anybody else try this?

Sounds great. How about you loan me money at 2.5% (skim off the 0.7% interest difference for your profit). Then I'll pay you back with my credit card. Sure, the credit card will charge you about 3%, but you won't mind since according to you people and companies shouldn't mind paying that massive credit card fee. I'll be quite happy!

 

[DarrelSPowers]

Nah... but I probably will now... think my student loans are a bit higher... around 3%

 

[Demon-Xanth]

That's 1% per payment while the 1.8% is on the whole principle every month.