Student loans are one of my personal finance pain points. Every time I try to get ahead on them, something comes up and I get behind again. It must be hard for people like me who are self-employed. Today I hear about the launch of Smarter Bank which is an online bank that helps you pay down your student loans.
It’s a free full-featured checking account, with debit card, paper checks and all the usual (but no branches, of course). And it’s powered by non-other than The Bancorp Bank, which has its hands in many of the new direct banking initiatives.
Smarter Bank has a rewards program that pays down your student loans. Free online banking, bill pay, free debit card and an ATM network. I will open up an account to see how it can help me pay down my student loans.