New Site Offers Cash Back for Paying Rent Online

It's probably safe to say that majority of us find little satisfaction in paying our rent and begrudge the gaping hole in our bank account. But what if someone told you that by paying your rent online, you could simultaneously pay back your school loans?

While other existing Web sites help renters pay their rent on time through automatic credit card payments, the newly-launched Williampaid.com is tacking on some eye-popping incentives, such as allowing roommates to split their payment online and cash-back opportunities to either shop online or pay back school loans.