Jump to content
IGNORED

Refinancing student loans, any tips or advice


LeatherRebel5150
 Share

Recommended Posts

Im going to be looking at refinancing my student loans and have never gone through a refinancing of any kind before. Anyone have any experience with this? Any particular companies to check/avoid? Anything specific to be on the look out for? Any and all advice appreciated, thanks.

Link to comment
Share on other sites

Similar to @VegHead, I consolidated/refinanced in 2019 through Laurel Road/Mohela for a 5 year term.  Looked at SoFi and a couple others.  Laurel Road gave me the best rate for the payments I wanted to make.

Stellar customer service from their end.  Nelnet fucked up and returned the initial payoff and gave me some fierce runaround but LR did everything they could to get it corrected.  

Edited by JamesRobot
  • Like 1
Link to comment
Share on other sites

9 hours ago, Californication said:

I've been thinking about refinancing because the low interest rates, but with the Biden administration under constant pressure about getting rid of publicly owned student debt, I am not going to take the risk of refinancing atm.

I have federal loans too that Im not going to refinance for that reason. But from what I understand whatever he does wouldn’t affect the private loans

to @JamesRobotand @VegHeaddid you guys refinance federal loans? because I think only my federal loans show up on Mohela paperwork.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...