Consolidating student loans low interest
Refinancing simply means taking out a new loan – at a lower interest rate – to consolidate and replace your old loans.
Common Bond offers three refinancing options that can save you tens of thousands of dollars – so you can finance your dreams.
If you qualify, student loan refinancing is one way to cut down your student loan payments or shrink the number of years they weigh on you.
CONSOLIDATING STUDENT LOANS If you have multiple student loans, STUDENT LOAN consolidation can offer some simplicity to your repayment.
You or your co-signer have great credit Lenders are most likely to offer you a refinanced loan when you’ve shown you’re a trustworthy borrower, meaning you pay your bills on time.
Your credit history is one way they determine that.
Refinancing usually also reduces your APR and the total interest you will pay over the life of your loans.
Although anyone with at least ,000 of student loans may be eligible to refinance, if you have of student debt and/or high interest rates on some or all of your loans, you should definitely consider refinancing.