Deciding Between SoFi, Laurel Road, LendKey, Earnest, Citizens, and CommonBond

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

We often get emails from readers listing a few lenders and asking which one is best.  In our student loan rankings, we provide a template for sorting through the various companies, but it isn’t an exact science.  The reality is that the best student loan consolidation is usually the one …

Can I Refinance My Student Loans Multiple 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 …

Student Loan Plan: Lousy Consolidation Options

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

In this edition of the student loan plan, we take a look at Andrew’s student loan consolidation issues.  His private loans currently have high interest rates, but the consolidation companies are only offering a slight improvement on interest rates.  If you want tips for dealing with your student loans, contact us. …