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Does it hurt your credit score to pay off a student loan with a credit card?

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Does it hurt your credit score to pay off a student loan with a credit card?

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asked Jul 30, 2017 in Business and Finance by marshhawk

2 Answers

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you should not use more than 30% on one card. If you do pay with credit cards, put it on each card, this way your utilization on each card will be lower.
answered Jul 30, 2017 by Stan
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even if the credit-card did accept the student-loan … how is 5% on student loan less of a burden when paying 20% on credit-card terms? you need to think these things through … else you will be $100k in debt before you realize.
answered Jul 30, 2017 by Elaine M

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