Below you'll find a list of all posts that have been categorized as “Refinance”
*Rate Tables Updated as of September 2nd, 2020 September 2020 may be the most competitive we have ever seen the student loan refinance marketplace. Prior to the Covid-19 pandemic, tech companies like SoFi and Earnest tended to offer the best refinance rates while the traditional banks and lenders lagged behind. …
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 …
Editor’s Note: The Rate Tables on this Page are Updated Monthly. 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 can be …
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 …
Article Updated July 3, 2019 to reflect the latest interest rate information. PNC’s decision to enter the student loan refinance world is an interesting one. The Student Loan Refinance marketplace is currently dominated by two types of lenders. The first group is startups specializing in student loans like SoFi or …
Dealing with Navient is a headache for many student loan borrowers. To some borrowers, refinancing Navient loans seems like the answer to their problems. The idea of taking their student loan business elsewhere AND getting a lower interest rate sounds like a no-brainer. Unfortunately, refinancing isn’t the best approach for …
The decision to refinance or not refinance your student loans is an important one. A smart refinance can easily save thousands of dollars. A mistake refinancing can cause years of grief. In some cases the decision whether or not to refinance is simple and straightforward. Other times it can be …
