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Is Refinancing My Student Loans Worth It? 3 Things Borrowers Should Know.


With student loan payments restarting, you may have already started seeing offers to refinance your student loan debt from private companies. And if you haven't yet, it's likely you will soon.

However, student loan refinancing is a bit more complex than, say, mortgage refinancing, which is mainly a question of whether you'll lower your interest rate enough to make refinancing worthwhile. So before you consider refinancing your own student loans, here are three things to keep in mind.

Image source: Getty Images.

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Source Fool.com


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