How Many Times Can You Refinance

The article may contain affiliate links from one or more partners. Learn how we make money to continue our financial wellness mission.

This typically happens when you refinance today at one rate and next year the rate drops substantially and you want to take advantage of that. Every time you seek refinancing, you’ll need to meet the lenders approval guidelines.

Just keep in mind by continuously refinancing your student loans, you’re actually not paying them off but extending their hold on you. Refinancing should be a tactic to help you pay off student loan debt sooner and at far less of a cost to you.