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Once you move forward with a private loan, you can’t revert back to a federal student loan to take advantage of the key benefits they offer, as noted in a warning issued by the Consumer ...
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 ...
Refinancing federal student loans with a private lender means losing access to benefits like income-driven repayment and forbearance. If you refinance, obtain offers from multiple lenders ...
If you have Sallie Mae student loans, you can refinance with another private student loan company, like a bank, credit union or online lender, that offers refinance loans. Here is how to refinance ...
For example, if you have a federal student loan, you must refinance with a private lender, which means you’re giving up some of the unique protections offered by federal student loans. If you ...
If you qualify based on those requirements, you can refinance federal or private student loans, including parent loans. You can borrow as little as $7,500 and up to $125,000 for undergraduate debt ...
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