Below you'll find a list of all posts that have been categorized as “Refinance”
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 …
When you refinance your student loans, one of the biggest decisions to make is on repayment length. Most companies offer 5, 10, 15 and 20 year loans. Picking the right repayment length requires some strategy and a bit of guess-work about what your finances will look like in the future. …
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 July 2, 2019 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 …
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 …
Deciding whether or not a student loan service is legitimate or a scam has become increasingly difficult. A lot of promises are being made regarding government programs, “relief” agencies, refinance companies, and loan advisors. Some are legitimate and excellent opportunities for consumers, many others are wastes of time and money. …
