Is it possible to refinance a student loan again and again? Actually I have already refinances my student loan last year. Is it possible again this year?
You
can refinance student loans multiple times as it helps to save money.You
will be just replacing this loan with a new loan at a new interest rate.
Rather, this is a good time to refinance your student loan. You can opt
for forbearance even after refinancing student loan. So, you should grab
this opportunity.
As long as you meet the lender's refinancing requirements, like having
good credit and a steady source of income, you can refinance your
student loans as many times as you want. However, applying for
refinancing too often can hurt your credit and may cost you more money
in the long-run.
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Sub: #1 posted on Fri, 08/21/2020 - 03:55
(Posts: 398 | Credits: )
As long as you meet the lender's refinancing requirements, like having good credit and a steady source of income, you can refinance your student loans as many times as you want. However, applying for refinancing too often can hurt your credit and may cost you more money in the long-run.
Sub: #2 posted on Fri, 08/21/2020 - 05:07
(Posts: 249 | Credits: )