Add Pupil Mortgage Funds to your wishlist by this app

Does your grandmother still ask you what you need for Christmas?

How about the gift of student loan freedom – available for the low, low price of $ 30,000?

Just kidding.

Student loan management app pillar has introduced a new feature, a gift platform called Boost that allows friends and family members to pay contributions directly to your student loan account. (This is especially helpful if the $ 25 nana usually "disappears" on pizza night.)

It's probably the best that the money goes straight to an account anyway – Grams probably doesn't have a box big enough to take up outstanding student loan debt that was attached $ 1.48 trillion in the second quarter of 2019.

When you make a gift, you need to set up a free Pillar account where you add your entire student loan account and bank details. The app also recommends student loan repayment plans based on your income and expense information.

Then you need to set up a boost profile page with your photo, biography and the amount received so far. This page is similar to the fundraising pages for these fundraisers, except that you are running the fundraiser here.

However, you need to quickly create a profile – the gift platform is only open from December 17th to January 7th. Until December 23, PIllar is offering some vacation special surprises with additional payments between $ 25 and $ 250. which could make your vacation even happier.

Tired of setting up a crowdfunding site but still facing a bunch of student loans? Check out our top options Pay off student loans,

Because debt-free life is the gift that always gives. Memaw would agree.

Tiffany Wendeln Connors is a writer and editor for The Penny Hoarder. Read your bio and other work here, catch them on Twitter @TiffanyWendeln.

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