Six Reasons You Should Not Refinance Your Student Loans
Refinancing often means lower interest rates, but some borrowers should avoid a student loan refinance.
Refinancing often means lower interest rates, but some borrowers should avoid a student loan refinance.
FFEL Loans are federal loans from private lenders. This debt can become eligible for student loan forgiveness and income-driven repayment.
Many families decide to pay for college using a HELOC or a Parent PLUS Loan. Both options come with significant pros and cons.
Students and recent grads can get an early start on the PSLF loan forgiveness clock by carefully navigating grace periods and deferments.
Changes to monthly student loan charges are common. Some increases are easy to fix while others are more complicated.
Debt from student loans can be overwhelming. Celebrating smaller milestones can provide the push you need to become debt-free.
A student loan with an excellent interest rate opens doors for retirement, buying a house, and investing.
Creating a budget is important, but it must be a budget that has staying power. Leaving a little room in your budget for fun is essential.
Splash and SoFi are very close on interest rates and loan terms. Splash Financial is slightly ahead for now, but both lenders have been at the top of our rankings.