 TITLE: Is It Possible to Pay Credit Cards With a Student Loan? CONTENT: It Could Put More Pressure on Your Budget Later\n-----------------------------------------------\nOne of the reasons you may be tempted to use student loan money to pay off credit card debt is that you may have the option to defer your student loan payments until after you're done with school. Student loans also typically carry lower interest rates than credit cards.\nBut if you add your credit card debt on top of the debt you're incurring for school, it could make your student loan payments unaffordable after you graduate, putting you in a difficult position. There are some options to lower your student loan payment, but most of them include paying more interest over time. END