A low interest rate that’s locked in for the life of your loan – so your monthly payments never change.
If the requirements above sound good, we think that you are a great applicant for student loan refinancing and consolidation.
Each lender has its own specific underwriting criteria, so you may have a higher chance of approval at certain lenders.
There’s been a lot of discussion lately about Americans deciding to not pay back their student loans.
While the reasons for purposely defaulting on education debt vary, the consequences are invariably unpleasant: debt collection, wage garnishment, growing loan balances, even lawsuits.
It is very important that you understand the terms, requirements, and in-school and post-graduation obligations of the loans you borrow, and that you maintain complete records of all your loan documents and promissory notes.
To help us keep accurate records of student eligibility and borrowing, all Law School students are required to notify the Financial Aid Office of any changes made to their educational loans.
Below we've ranked the leading student loan refinancing and consolidation companies. There are many different benefits and drawbacks of what each student loan consolidation and refinancing lender offers, and it is important to be aware of all of them.
It is free to apply and the process usually takes about 15 minutes. You will find all of the necessary information below.Before you start an application, you should know that most lenders require a minimum FICO credit score of 660, 40% maximum monthly debt-to-income, and ,000 in yearly gross income.
Student loans are rarely discharged in bankruptcy, meaning if you get into financial trouble and can’t make the payments, there’s not much you can do but try to catch up on the debt later.