Below you'll find a list of all posts that have been categorized as “Refinance”
The student loan refinance rates offered in December 2020 are near record lows. The federal student loan interest and payment freeze continues to impact the refinance marketplace. Because of the freeze borrowers are advised not to refinance federal loans at this time. As a result, the only people refinancing are …
When comparing Earnest vs. CommonBond, most borrowers will find that these refinance companies have far more similarities than differences. However, a couple of factors could make choosing between these two companies an easy decision. Earnest vs. CommonBond: Interest Rates, Repayment Options, and the Basics In the world of student loan …
Refinancing student loans has grown in popularity because it presents many borrowers with an opportunity to save money on interest. However, refinancing can be a mistake when done with the wrong loan or at the wrong time. How does a borrower know when to refinance their student loans? The simple …
Juno is a student loan company with a unique strategy. Juno doesn’t fund student loans. Instead, they pool borrowers together in order to negotiate a group discount on student loans and student loan refinancing. As a company new to the student loan space, it is a bit too early to …
Government employees considering student loan refinancing need to be especially careful. The allure of lower monthly payments and a better interest rate can be tempting. However, borrowers should understand that while there are circumstances where a refinance might make sense, a mistake refinancing can be financially catastrophic. A Private Lender …
Not having a job represents a significant obstacle to repaying student loans. Sadly, it is during a period of unemployment that many borrowers realize how much student loan interest is costing them each month. One of the best ways to address a high-interest student loan is via refinancing. Refinancing for …
I’m not a fan of having cosigners on loans. It is a huge commitment for the cosigner, and if the borrower runs into trouble, it can destroy a close relationship. Lenders like to advertise cosigner release programs, but they have almost no incentive to grant a release, and securing the …
Article Updated February 5, 2020, to reflect the latest available interest rate information and a new customer promotion of up to $500. One of the newer names to enter the student loan refinance marketplace is Splash Financial. Splash Financial first entered the student loan refinance business as a lender focusing …
Like student loan debt, freelancing and self-employment are on the rise in the United States. The unpredictable nature of freelance work can make student loan repayment a challenge. Most student loan repayment plans were designed for borrowers with a steady income; those who don’t get the same paycheck every two …
It is hard to overstate the importance of deciding between aggressively paying off your student loans through refinancing or waiting for student loan forgiveness. Doctors, lawyers, and many other professionals with graduate degrees often have well over $100,000 in federal student loans, and the wrong decision could cost thousands of …
