Student Loan Refinance Companies 2020

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Earnest: ($100 Bonus for refinancing)
SoFi: ($300 Bonus for refinancing)
Splash Financial:

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Refinancing is a good idea for students who want to save more or on a budget. Typically, this is because it reduces the financial burden. When you refinance, it means that the new lender will be paying off the old loan as well as lowering your interest rate. Just from getting a lower interest, you could save up much more money in the long run.

Knowing who to refinance with is important as well. You have to make background checks on lenders before finally settling with the one you desire to work with. Other than finding a lender that caters to your needs, you should make sure they are credible and have a good reputation.

Refinancing is definitely a good thing for the people who need it. It can save you money each month and over the course of the loan. Just make sure you are aware of your credit history and paying your bills on time. For some people, they may want to refinance but don’t meet the criteria, such as having a low debt to income ratio or an unstable job. These things can be improved over time and allow you to consider refinancing.

My recommended resources👇
💰 M1 FINANCE – Invest in Fractional Shares like Tesla for Free
🎓Earnest – Refinance Your Student Loans to Lower Your Interest Rate
🏦CIT Bank – Great Savings Account to Earn High Interest
🏦SoFi Money – Great Checking Account (Deposit your first $100 within 14 days to earn a sign-up bonus)
👫Ladder Life Insurance – Check Term Life Insurance Rates to Protect Your Family
🏡LendingTree – Refinance Your Home to Lower Your Interest
💸Cash App – Free Money Transfers with Cash App (Get a sign-up bonus after sending your first $5 to a friend or family member)
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