Originally Posted by
Gammachu
I don't get why people do that. If you had the money to pay the student loan off in the first place, why go the extra step and use the money from the gift card to pay off the loan? Why not just use it to pay back the credit card you used to buy the gift card?
Either way there are two bills to pay (CC and student loan). Either way you need to extract the cash value from the GCs (via BB or MO) to pay one of those bills. There is absolutely no difference which bill gets paid with which funds.