The last section is dedicated to identifying the best private consolidation loans for those with a few different financial profiles.
There are two types of consolidation loans: federal and private, and they each come with distinct advantages and drawbacks.
Millions of Americans could put more money in their pockets each month by refinancing their student loans.
It’s always been possible to refinance private student loans, but few financial institutions offered this service.
Do you know how much you pay in student loan bills every month?
Common Bond offers three refinancing options that can save you tens of thousands of dollars – so you can finance your dreams.It takes borrowers an average of 21 years to repay their student loans, while 28% of students are in default (or miss payments for 270 days or more) within five years of entering repayment.The picture painted by these statistics is clear: many borrowers are in over their heads with student loan debt and are looking for relief.If you qualify, student loan refinancing is one way to cut down your student loan payments or shrink the number of years they weigh on you.Refinancing replaces your current loans with a new, private student loan at a lower interest rate.