Re consolidating private student loans
The rates and terms listed on our website are estimates and are subject to change at any time.Please do your homework and let us know if you have any questions or concerns.Finding the right bank to refinance or consolidate your student loans is confusing.Fortunately, we’ve highlighted the six best banks and lenders to help you refinance and consolidate both private and federal student loans, based on your financial situation.Longer terms will typically result in lower monthly payments but at a higher interest rate.Borrowers may select any term offered by a lender regardless of the current loan term.If approved for this benefit, the lender will put the borrower's loans into forbearance, suspending their monthly loan payments.
This is unlike a "hard" credit check, which may impact an applicant's credit.
The average amount borrowers have saved by refinancing with this lender.
Unless indicated otherwise, values shown are over the lifetime of the loan.
Variable-rate student loans have interest rates that can change during the repayment period.
Interest rates may increase or decrease at any time and typically do so based on changes to LIBOR.