Money Myths: Consolidating and Refinancing are the same thing
We sometimes hear the terms “consolidate” and “refinance” used interchangeably when talking about student loans, but they’re not the same thing! With all the recent changes to federal student loans and the recent rise in interest rates it’s more important than ever to understand the difference.
We’ve got an explainer on the differences right here.
If you’d rather read the short article, here you go.