This is particularly important if you have Federal loans.
Today, the answer to that question is probably yes!
7 out of 10 graduates are now graduating with some form of student loan debt.
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You can see the full list of lenders below, but we recommend you start here, and check rates from the top 4 national lenders offering the lowest interest rates.
These 4 lenders also allow you to check your rate without impacting your score (using a soft credit pull), and offer the best rates of 2017: If you are in financial difficulty and can’t afford your monthly payments, a refinance is not the solution.
Student loan refinancing is not the same as federal consolidation. The best refinance lender for you depends on your priorities.
Borrowers often look for the lowest interest rate possible, but it’s worth checking out the various features each lender offers. When you refinance a federal student loan, a lender pays it off and issues you a new, private loan.