ladyskydiver 0 #1 February 13, 2008 My student loan provider suggested I use them to help pay down my student loan. However, the UPromise website isn't exactly the best at describing what it is. Does anyone use this? Exactly what is it?Life is short! Break the rules! Forgive quickly! Kiss slowly! Love truly, Laugh uncontrollably. And never regret anything that made you smile. Quote Share this post Link to post Share on other sites
Gawain 0 #2 February 13, 2008 I'm no expert, but you can earn "points" through the purchase of everyday type items in the store. Coupled with your own savings, you set up an ESA (Ed. Savings Acct.) and with that you pay tuition/pay-down student loans. Say, for examply, you buy a $100 worth of stuff at WalMart, if it's all eligible, you get a percentage of that amount spent placed into your UPromise account. How you link the "UPromise" account to all those different retailers, etc., I'm not sure. The key apparently is though, that you have to set up a 529 ESA, with regular contributions (like $50/month) to it....I think. If you're pinching every penny, it's probably worth the diligence to utilize a program like this. So I try and I scream and I beg and I sigh Just to prove I'm alive, and it's alright 'Cause tonight there's a way I'll make light of my treacherous life Make light! Quote Share this post Link to post Share on other sites
