Chip: Paying Off Student Loans
Round-Up. Chip Away. Cut Debt
Free · Designed for iPad. Not verified for macOS.
The Round Up App That Utilizes Spare Change to Pay Off Your Debt!
Chip® is an automated platform that creates an effortless method to help you pay off your student loans. Our platform cuts interest payments, reduces term length, and saves our users thousands of dollars!
Over 44 million Americans are burdened by $1.6 trillion in student loans in the United States. This causes borrowers to pay back these loans over 10 – 20 years and pay huge amounts in interest! In fact, the average American pays over $280,000 in interest payments over their lifetime.
Chip® is the debt payment solution to eliminate your student loans!
Our platform connects with over 10,000 different financial institutions, connects with your credit card, and is able to make payments directly to your loans.
Each time you make a purchase (coffee, groceries, gas, etc.), Chip® rounds up the purchase to the nearest dollar in our app.
A Cup of Coffee: $2.50 = $0.50 Chipping Away At Your Loan
After you have rounded up $5 or more in spare change, Chip® debits the exact amount from your connected bank account. Chip® does not add to your credit limit, nor do we tack on the spare change to your credit card.
Chip® holds your spare change in an IFDC secured banking account until you have accumulated over $25 in spare change. Our platform then makes a payment directly to your loan.
Automated, effortless, stress free!
Chip® charges a fee of $1.99 per month for unlimited spare change round-ups and unlimited direct loan payments based on your spending habits.
If you are looking to accelerate your journey to financial freedom, start chipping away at your loans now!
Round Up.
Chip Away.
Eliminate Debt.
• Completely redesigned UI for a better user experience.
• Fixed bugs and resolved reported issues.
• Added ChipDebt loan tracking functionality.
• Performance improvements and stability enhancements.
The developer, Chip, LLC, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Linked to You
The following data may be collected and linked to your identity:
- Financial Info
- Contact Info
- Identifiers
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
- Seller
- Chip, LLC
- Size
- 49.4 MB
- Category
- Finance
- Compatibility
Requires iOS 15.6 or later.
- iPhone
Requires iOS 15.6 or later. - iPad
Requires iPadOS 15.6 or later. - iPod touch
Requires iOS 15.6 or later. - Mac
Requires macOS 12.0 or later and a Mac with Apple M1 chip or later. - Apple Vision
Requires visionOS 1.0 or later.
- iPhone
- Languages
- English
- Age Rating
4+
- 4+
- Copyright
- © Chip, LLC