Student Loan

A student loan is a loan you take out to pay for school.

Roo usually cannot connect to a student loan. A government act called the Stop Act protects borrowers from scams by keeping others from reaching their loan accounts without permission. Because of this, most loan companies do not share their data, so Roo cannot pull it in for you.

You still have two easy ways to track a student loan:

• Treat it like a bill. When you pay the loan, swipe the payment to your Bills pouch, and Roo records it in your Bill Tracker.

or

• Add it manually to your Debt Payback Plan. First add the loan as a manual account. Then you can pay it down through your Debt Payback Plan and see it in your net worth.