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Key takeaways. Student loan refinancing could help you get out of debt sooner and reduce your monthly payments, making it a smart option to consider for many student loan borrowers.
Refinancing private student loans may be a good idea if you can save money in interest, secure a lower monthly payment – or both – or if you’re simply not happy with your current lender. 1 ...
Student loan refinancing is when you apply for a new loan to pay off your current student loans, usually to lower your interest rate or extend your payoff timeline. Refinancing student loans can ...
Other refinancing considerations for borrowers include making sure it’s 100% free, you don’t need a cosigner and asking yourself if refinancing genuinely will motivate you to pay off student ...
LendKey (formerly Fynanz Inc.) is a lending platform and online marketplace that allows consumers to apply for and receive private student loans, student loan refinancing and home improvement loans from their local credit unions and community banks. LendKey's cloud-based tools and infrastructure enable the nation's 13,000+ community financial ...
When should you not refinance your student loans? There are also other situations when refinancing a private student loan would not pay off: You have a poor credit score. If you have a lower ...
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