The Consequences of Student Loan Refinancing and Consolidation on Credit Reports

Michael Lux Blog, Strategy 0 Comments

Student loan consolidation and refinancing are excellent tools for borrowers hoping to get their finances in order. Refinancing enables borrowers to get lower interest rates and/or lower monthly student loan payments. Federal consolidation can help borrowers qualify for favorable repayment plans and forgiveness programs. In both a refinance and a …

Is it a Mistake to Refinance Student Loans During the Coronavirus Pandemic?

Michael Lux Blog, News, Strategy 2 Comments

Covid-19 has had a profound impact on many aspects of our lives. Managing student loans is no exception. The fast-changing economic conditions have had a significant influence on the student loan refinance process. Due to these changes, many borrowers may want to delay refinancing their student loans, as it could …