If you want to refinance student loans, it’s one of the smartest things you can do to save money and pay off your student loans faster.
This is beneficial to you because a lower interest rate means you can save money, lower your interest payments and pay off your student loans faster.
In a rising interest rate environment, you are better off choosing a fixed interest rate.
You also can choose a loan term from 5 to 20 years when you refinance student loans.
A shorter repayment term will mean a higher monthly payment, but you will pay less money overall because there is less interest.
First, you can check your interest rate for free within 2 minutes with no impact to your credit score.
0