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Anonymous

07 Feb 2021

Robo-Advisors

Is it safe to keep the money to pay off my student loan debt in Syfe cash+?

Hi all, I'm a class of 2020 graduate and my student loan interest begins from 1 Jun 2021. Since there's no management fees for Syfe Cash+, does it make sense for me to keep my money to pay off my student loan there? Are there any cons to this?

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What's the interest for your student loan?

Hey there OP, if it helps reassure you, I also do the same. It won't generate a lot of interests (but since we are in an interest-free climate i.e. student loans interests are frozen till May 2021), I thought about putting a lump sum in to generate some excess. its not going to be a significant sum but even if it's $50, I would not be unhappy about it hahahah

High chances are you will be able to get the projected returns of about 1.5% to 1.9%. However, it's ...

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