Erase Your Student Loan Woes With Proven Tactics

Refinancing: A Path to Lower Interest Rates

Refinancing your student loans can be a powerful strategy to reduce your interest rates. By consolidating multiple loans into a single loan with a lower interest rate, you can save money over time. Many private lenders offer competitive rates, sometimes as low as 2.5% for well-qualified borrowers³. It's crucial to compare offers from different lenders to find the best deal. Remember, refinancing federal loans with a private lender means losing federal protections and benefits, so weigh the pros and cons carefully.