Post by healthy11 on Dec 11, 2015 14:39:28 GMT -5
www.marketwatch.com/story/this-year-santa-will-pay-off-your-student-loan-debt-2015-12-11?siteid=yhoof2
www.LoanGifting.com , which launched on Oct. 30, 2015, differs from traditional crowdfunding sites in that it’s dedicated solely to student debt, and donors’ gifts go directly to the recipient’s student loan servicer, the private company managing the borrower’s repayment process. To use the site, borrowers create a profile and then connect it with their student loan account information. That way, grandparents can be sure their money is going directly to their grandchild’s student loan instead of to their beer fund, Ravi Sawhney, the chief executive of RKS, says. The gift is applied to the principal of their student loan.
Crowdfunding site Indiegogo launched a platform earlier this year, called www.Generosity.com , that’s specifically dedicated to fundraising for personal needs and education is one of the more popular categories on the site.
www.LoanGifting.com , which launched on Oct. 30, 2015, differs from traditional crowdfunding sites in that it’s dedicated solely to student debt, and donors’ gifts go directly to the recipient’s student loan servicer, the private company managing the borrower’s repayment process. To use the site, borrowers create a profile and then connect it with their student loan account information. That way, grandparents can be sure their money is going directly to their grandchild’s student loan instead of to their beer fund, Ravi Sawhney, the chief executive of RKS, says. The gift is applied to the principal of their student loan.
Crowdfunding site Indiegogo launched a platform earlier this year, called www.Generosity.com , that’s specifically dedicated to fundraising for personal needs and education is one of the more popular categories on the site.