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How many banks?
June 29, 2016
5:59 pm

Hi Sherpa,

I was researching student loan options for refinancing, your site has A LOT of very helpful info, so thanks!
Now, onto the “fun” questions….
I notice you said you should apply to more than one loan when looking to refinance, so it doesn’t affect your credit score. How many is recommended?
I’m worried I wont be able to get a loan, I have a good FICO score of 723, but I also have a lot of debt and a modest income, since I’m just starting out in my career. I have approximately $75K in student loans and I’d like to refinance the private ones, about 45K.
Do you have any particular banks you’d recommend applying for?

Sorry if these are among the same questions you get all the time…
Any help would be greatly appreciated!

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