3 Signs You Should Refinance Your Student Loans Now
The COVID-19 pandemic has hit our economy pretty hard, leading to widespread job loss and plummeting investments. But one silver lining is that the Federal Reserve has slashed its interest rates, and lenders have followed suit. That makes this an affordable time to borrow money and refinance existing loans.
College students, graduates, and parents may be wondering if they should refinance their student loans to take advantage of these lower rates. There is no clear-cut answer, because everyone's situation is different, but it's definitely an option you should consider. Here are a few signs that now is a good time to refinance your student loans.
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Source Fool.com