Should You Consolidate Or Refinance Your Student Loans?

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Typically, if you have Federal student loans you want to consolidate and with private student loans, you may want to refinance.

It may get confusing because with private student loans you can refinance both your Federal and private student loans together. You necessarily may not want to do that, but you can depend on your situation.

The best option is to have a payoff strategy when it comes to student loans and using consolidation or refinancing or both to help you pay less interest and eliminate the debt faster.