Below you'll find a list of all posts that have been categorized as “Refinance”
Article Updated 9/13/17 to include the latest available interest rate information. SoFi and LendKey are both premium student loan refinancing and consolidation companies. At present they are ranked first and second out of 18 lenders in our student loan refinance rankings. How is a borrower to pick the best lender? …
Fedloan Servicing, also known as myfedloan, is one of the largest servicers of federal student loans. Though Fedloan Servicing has been entrusted by the government to manage billions of dollars in student loans, they often fall short of minimal quality standards expected by many borrowers and taxpayers. The challenges of …
Article Updated April 24, 2018 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 …
Article Updated September 13, 2018 to reflect the latest available interest rate information and a new customer bonus of $300. The latest company to enter the student loan refinance marketplace is Splash Financial. Splash Financial first entered the student loan refinance business as a lender focusing exclusively on young doctors …
Dealing with Navient is a headache for many student loan borrowers. Navient, the result of student loan giant Sallie Mae’s rebranding, has quickly developed a reputation for consumer issues. For many borrowers, refinancing Navient loans seems like the answer to their problems. The idea of taking their student loan business …
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 …
*Rates Updated 9/13/18 As we enter 2018 we have seen a bit of a shakeup with refinance rates. Last year’s best rate was offered by ELFI, a relatively new lender. With the new year brings new lenders atop our leaderboard. As usual, we have broken down the refinance rates according …
High income earners with large debts, such as doctors and lawyers, are well positioned to save a small fortune on their student loans by refinancing or consolidating. Mistakes in the refinance or consolidation process can likewise cost a small fortune. Navigating these high stakes requires a careful strategy free from …
The financial records provided by student loan refinance companies to investors contain some very interesting information. Many student loan refinance lenders elect to make loans available to outside investors. From the perspective of the borrower, the loan terms and servicing do not change, but the profits and the risk of …
In this refinance case study we will look at Toby’s student loans. Toby has a ton of federal student debt from his graduate school days and a smaller pile of private loans from his undergrad studies. Complicating Toby’s situation is the fact that he is a government employee. His income …
