Student Loan Refinancing – What You Need to Know

Student loan forbearance (for federal loans) is scheduled to expire December 31, 2020. If you or someone you know has student loans now is a good time to look into refinancing. By refinancing your loans you can get a lower interest rate, a lower monthly payment, or possibly both!

Not everyone should refinance and there are some potential downsides so it’s important to understand how it works, what you gain, and what you lose. Read the full story here to find out if refinancing would be right for you, your friends, or family.