How to Choose a Lender to Refinance Your Student Loans
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Cedar Education Lending Company Review 2014
Refinancing your student loans is a great way to help you budget. Finances can be complicated when you first get out of school. Having a single payment, instead of multiple ones, can help a lot. If you got different loans throughout your years in school, they probably are all for different amounts and have different interest rates. Interest rates are low right now, and consolidating all of your loans together usually gets you a better rate. A low interest rate is the best thing to look for when thinking of taking out a new loan. […]
Best student loan refinance rate
Credit unions entered the private student loan consolidation market in late 2010. cuStudentLoans, a network of over 130 credit unions offering one loan with common underwriting and pricing, launched its offering nationwide February of last year. This may be a saving grace for those students who need to refinance their existing student loans for better rates, lower payments, and shorter terms. […]
How to refinance student loans
You gain a great deal when you refinance student loans if you do it right. The lender you choose to refinance your loans essentially buys all of your loans from the original lenders and reissues you a new loan, leaving you with one loan for the total amount of loans consolidated. This may result in a smaller monthly payment with a longer repayment schedule and, subsequently, a lower risk of default. But you have to start by knowing what you can do. The best way to start do that is to do a current financial assessment. […]