CC Debt/Student Loan Consolidation [C&F] Forum

[ad88]

If I had approx. $700 in CC debt from undergrad (making payments, never defaulted) and used excess student loan money (Grad PLUS) to pay off the balance and close the account - would this present an issue during bar admissions (C&F)? Interest rate on a student loan is <8% compared with +20% APR on credit card. Can't work during first year of school so pretty soon I won't have the income to cover the CC payments. Concern is that bar might view this as student loan fraud and/or poor money management. Credit otherwise is prime. Thanks

[NYC Law]

No.

[glitter178]

The ABA is too busy approving the opening of new TTTT law schools to dig that deeply into your financial records.