Darien Rowayton Bank Announces Creation of Laurel Road for Student Loans

Michael Lux Blog, Consolidation, News, Student Loans 0 Comments

For years Darien Rowayton Bank as been a leading lender in the world of student loan refinancing and consolidation.  Today they unveiled a rebranding effort, advertising their student loan services under the name of “Laurel Road”. [Further Reading: Student Loan Sherpa Reviews Laurel Road] Why the Change? Darien Rowayton Bank …

MEFA Student Loan Refinancing Review

Michael Lux Blog, Consolidation, Student Loan Consolidation Reviews, Student Loans 0 Comments

(Editors Note: Article updated on 6/17/17 to include $200 customer bonus information) The Massachusetts Educational Finance Authority, better known as MEFA, was created by the Massachusetts legislature over 30 years ago with the goal of providing access to higher education in the State of Massachusetts.  While people without ties to …

Can I Refinance My Student Loans Mulitple Times?

Michael Lux Blog, Consolidation, Strategy, Student Loans 0 Comments

There is no limitation on the number of times you refinance you student loans.  Refinancing more than once can be a smart strategy.  However, there is a downside that borrowers should understand if they are thinking about going this route. Advantages of Multiple Refinances The biggest advantage to refinancing your …

SoFi vs. Citizens Bank Student Loan Consolidation Comparison

Michael Lux Blog, Consolidation, Student Loans 0 Comments

The student loan refinancing and consolidation marketplace has changed considerably over the past five years.  These loans were traditionally handled by the big banks and lenders like Sallie Mae.  A few startups recognized an opportunity in the market.  They would target low risk borrowers (those with high incomes relative to …