laurel road student loan refinance

Laurel Road Review: Student Loan Refinancing and Consolidation

Michael Lux Blog, Consolidation, Student Loan Consolidation Reviews, Student Loans 1 Comment

Article updated November 7, 2019, to include the latest interest rate information. For the past five years, Laurel Road has been one of the top student loan refinance lenders. Laurel Road has built its reputation on being a top choice for healthcare professions, especially doctors, optometrists, and dentists. However, we …

Lowest Student Loan Refinance Rates

The Best Student Loan Refinance Rates

Michael Lux Blog, Consolidation, Interest Rates, Refinance, Student Loans 0 Comments

Article Updated December 4, 2019, to reflect the latest available interest rate information. With well over a trillion dollars in student loan debt in the United States, it is no surprise that new lenders continue to pop up in the refinance marketplace. Finding the lender offering the lowest interest rates …

Turn a No into a Yes

Mailbag: Turning Student Loan Consolidation Rejection into an Acceptance

Michael Lux Blog, Consolidation, Lower Payments, Mailbag, Student Loans 3 Comments

Earlier this week I received the following email from a reader: I’m writing because recently I have been trying to consolidate my private loans and have run into a snag: I have too much debt with regard to my income (surprise!).  I have excellent credit and make the huge payments …

money saved with commonbond

In Depth: CommonBond Student Loan Consolidation Review (CommonBond.co Refinancing)

Michael Lux Blog, Consolidation, Student Loan Consolidation Reviews, Student Loans 41 Comments

Article Last Updated on 7/2/19 to reflect the most recent interest rate information. Not long ago CommonBond was just an idea being tossed around by a few Wharton MBA students.  Today it is a fast growing student loan refinancing company offering some unique products, and giving new customers $150 for signing …

loan sign illuminates the consequences of refinancing or consolidation on credit scores

Student Loan Consolidation and Refinancing: Is it Good or Bad for my Credit Score?

Michael Lux Best Of, Blog, Consolidation, Lower Payments, Student Loans 82 Comments

Many student loan borrowers are able to improve their credit score by consolidating or refinancing their student loans.  Unfortunately, not all borrowers see an increase in their score.  Some borrowers may actually see their score drop by consolidating or refinancing. Though federal direct consolidation and private student loan refinancing are …

tips for lender calls

10 Tips for Dealing with Your Lender Over the Phone

Michael Lux Best Of, Blog, Consolidation, Lower Payments, Student Loans 0 Comments

Phone calls with lenders can be especially stressful.  For many borrowers, student loans are by far their biggest debt.  Student loan companies, including federal student loans servicers like Navient and MyFedLoan have a well deserved reputation for lousy service.  This combination of financial pain and terrible customer service can be …

how to refinance or consolidate mygreatlakes student loans

Student Loan Refinancing and Consolidation with Great Lakes (MyGreatLakes.org)

Michael Lux Blog, Consolidation 0 Comments

Great Lakes Higher Education, commonly called MyGreatLakes, is one of the largest servicers of federal student loans.  Though Great Lakes does not directly provide consolidation or refinancing services, it is still possible to refinance loans with Great Lakes.  The big question for borrowers to decide is whether or not this …

sofi compared to lendkey for student loan refinancing

SoFi vs. LendKey: Picking the Better Refinance Company

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

Article Updated 7/2/19 to include the latest available interest rate information. SoFi and LendKey are both premium student loan refinancing and consolidation companies.  At present they are both ranked in the top ten in our student loan refinance rankings.  How is a borrower to pick the best lender? The LendKey …