Refinancing My Student Education Loans
One blunder in the first year that I was paying them off that I made when I was paying off my student loans was not refinancing them. If you’re just like me and therefore are likely to spend down your figuratively speaking fast, then there’s really no reason at all to not wait on refinancing your student education loans. Refinancing means you’ll lower your rate of interest, which in turn ensures that you’ll pay less interest overall and acquire more of your hard earned money helping you.
I wound up refinancing my figuratively speaking 3 x while I happened to be spending them off (a lot of people don’t recognize that you can easily refinance your student education loans as much times while you want).
- SoFi – The first business that we refinanced my student education loans with was SoFi. I was offered by them a 4.3% interest in March 2015 – definitely better compared to the 6.8% I happened to be initially spending to my loans.