In the following sections, we will go over the refinancing and consolidation lenders in the industry and what they offer.
This post is the result of extensive research into the best options and compares the 9 most common online consolidation and refinancing choices.
By refinancing your existing student loans you may see a dramatic reduction in your interest rate – even a few points.
If you took out a loan to pay for college, you are probably paying too much, and could potentially save thousands through refinancing!With Lend Key’s student loan consolidation and refinancing, you can combine your federal and private student loans into one convenient payment with a lower interest rate.That could help you better manage your finances, and save over the lifetime of your loan.By lowering your interest rate, less additional money will be added to your total balance each month, ultimately saving you money!Most lenders also allow you to refinance and consolidate multiple loans into one, making repayment much more manageable. While going to college is surely something to be proud of, and is a great investment in your future, most students and their families are unable to pay for it out-of-pocket.