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Hello Everyone,

I have $25,000 in subsidized student loans from Sallie Mae. The loans will not go into repayment mode until 6 months after I graduate in May. I am looking ahead to decide on the best way to pay off the loans. Right now I have enough money to pay off the loans. I have read that Sallie Mae no longer accepts credit card payments for loans. But I have also read that Sallie Mae is one of the merchants accepting bill pay from American Express. But I am not sure if this is just for business accounts or also for student accounts. Also, the bill pay service probably wouldn't let me make one-lump-sum payment. Instead, I'd have to make payments when I got monthly bills, I imagine, in which case I would have to pay interest.

I would really like to use a credit card with a rewards program on it to pay off my loans, but I also want to pay off my loans without having to pay interest.

Based on all this information, does anyone have advice? Would there be a way for me to pay off my loans with a credit card?

Thanks!
Matt
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