Established Contributor
Posts: 721
Registered: ‎06-23-2010
Re: SmarterBucks

Though i tend to like the idea, I wonder if it would be a better kickback using a cashback credit card that allows you to gain a higher percentage.  Of course there would be more discipline needed with using a credit card because you would have to make sure that you don't carry a balance and make sure to apply that cash back to the student loans, but it has worked okay for me so far.  Oh, and the cash back card would need not to have an annual fee.  I am usually able to push about an extra $500 a year to my student loans.  I mean, it's in no way paying off a student loan, but hey, it's a nice chunk of change.

Starting Score: Eq: 662 Tu: 532 (03/02/2011) CH7BK 01/12/2009 Discharge
Current Score: Eq: 692 (04/03/2013) Tu: 717 (04/03/2013)
Goal Score: Eq: 720 Tu: 740

Wallet: Chartway Visa 10k | AMEX Costco TE (AU) 25k | Cap One MC 750 | Cap One Visa 750