Spared pays off student loans using spare change. For more information about Spared, visit www.spared.com Spared has a burning desire to help solve one of the biggest problems affecting Americans today: student loan debt. Tired of hearing about the struggles of our fellow Millennials and frustrated by a system that preys on the financial illiteracy of its customers, we decided to try and do our small part to combat this problem. We know how difficult it can be to get out from under the shadow of debt so we empathize with those that are trying to do the same.