Below you'll find a list of all posts that have been categorized as “Refinance”
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 …
Editor’s Note: This article was first published on December 16, 2017. It has been updated to include new information about minimum accepted credit scores. 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 …
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 …
Article Update July 2nd, 2019: The Connext website has been down for several months now and it appears that they are no longer offering student loan refinancing. If things change, this article will be updated accordingly. For now, borrowers looking for student loan refinancing will have to investigate one of …
Article Updated 7/3/19 to reflect the latest interest rate information. EDvestinU is a funny sounding student loan refinance company that offers an excellent deal to certain student loan borrowers. EDvestinU scores points for being a non-profit and for consumer transparency. The short-term interest rates are not the most competitive, but …
In this edition of the student loan plan, we take a look at Dave’s student loan situation. He has four of the ten years necessary for Public Service Loan Forgiveness, but is about to get married to someone with a great income. He is trying to figure out the optimal …
The process of refinancing sounds complicated. For many borrowers, just getting their student loan company to properly process a payment can be a challenge. Moving student loans, getting lower interest rate, and finding a lender sounds significantly more difficult. Skeptical borrowers may be concerned that there are costs and fees …
Article Updated June 16th, 2020, to include the latest available interest rate information and lender bonus programs. SoFi and ELFI — two student loan refinance companies with very millennial friendly-sounding names. Both companies offer very low interest rates and target the same demographic. Which one is better? Is there any …
Over the years we have heard from many physicians, dentists, orthodontists and eye doctors with complicated Public Service Loan Forgiveness questions. Many jobs in the medical field pay quite well, but they require a great deal of education. A young doctor with hundreds of thousands in student loan debt faces …
Making the decision on whether or not to refinance your student loans can be very challenging. On one hand you have the low interest rates offered by the refinance companies, but you are forced to give up federal perks. One of our readers, Brad, is currently facing this dilemma. He …
