December 1, 2021


Its all about the school

Top 10 Misconceptions About Student Loan Refinancing

9 min read

If you have a lot of student loan debt, you may have considered refinancing your student loans. For some borrowers, refinancing could be a great move. But, for others, it could be a big mistake. While there are pros and cons of student loan refinancing, this video will highlight the top 10 misconceptions about student loan refinancing so that you’re prepared to make a decision.

To help you decide whether refinancing makes sense for your situation, this article explains the biggest pros and cons of refinancing student loans. We’ll also look at the advantages and drawbacks of federal student loan consolidation, which is another popular way to simplify student loan repayment. Read more:

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Legal: Student Loan Planner is a financial coaching company and does not claim to provide financial advice on investment products. Refinancing federal loans causes the borrower to lose access to income-based repayment plans as well as the PSLF program. We may earn compensation from advertising partners when you click on links on our site. Student Loan Planner is not a debt settlement or debt relief company. We do not provide tax or legal advice.

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Source: Student Loan Planner

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