Student loan refinancing can save you thousands of dollars with a lower rate and better terms. Refinancing isn’t for everyone but most people can see financial benefits from doing so.
Make sure you weigh the pros and cons of refinancing your Federal student loans and private loans together. Or you may consider just consolidating your Private student loans and keeping your Federal loans separate. Determine what tactic is right for you.
When considering refinancing your student loans, make sure you do your homework and choose the right lender that share your values. You have options and the more you know the better decision you’ll make.