Managing student loan debt can be a financial juggling act, especially if you have private student loans with high-interest rates. Refinancing your student debt could save you money on interest charges, help to lower your monthly payments, and potentially help you repay your loans faster. If you're considering private student loan refinancing, here are some important things to know.
How to refinance your student loans
Student loan refinancing means taking out a new loan to pay off existing loans. You'd then repay the new loan going forward.
Refinancing private student loans isn't a complicated process. It starts with finding a lender, then applying for a loan. Credible can help you compare multiple lenders at once to ensure you find the best rates and offers currently available.
