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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.
In 2010, Citibank sold off its student loan unit, and has since stopped servicing the last of the private loans it had on the books. ... A long time ago — before the introduction of the Direct ...
My student loans were part of the 2010 deal that sent $28 billion from Citi’s federal student loan portfolio to Sallie Mae. At that same time, Discover also took over more than $4 billion in ...
Refinancing is only available through private lenders, and you lose key benefits when you refinance federal student loans. Student loan refinancing is when you apply for a new loan to pay off your ...
Student loan expert Mark Kantrowitz says that many large banks no longer make or refinance private student loans because it is a small segment of their business, and it comes with additional ...
If you qualify for better loan rates, you can refinance your student loan an infinite number of times throughout your life — though a lender might enforce a waiting period between when you close ...
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