The Citizens Bank Education Refinance Loan is a leading solution helping graduates and former students to better manage their student debt. Citizens Bank helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions.

Student loan refinancing can mean big savings in the right circumstances. Here’s how it works: A new private company—typically a bank, credit union or online lender—pays off the student ...

For starters, student loan consolidation (which is included in the student loan refinance process) simplifies the management of your monthly payments into a single loan. Student loan refinancing allows you to consolidate your eligible loans. This includes both private and Federal Direct loans (including Parent Plus Loans).

Student loan refinancing allows qualified borrowers to adjust the interest rate and repayment terms on their federal and private student loans by taking out a new loan that pays off some or all of their existing education debt. You can refinance student loans through many private lenders.

Education Loan Finance, also known as ELFI, is a student loan refinancing program offered by SouthEast Bank. Options are available in all 50 states and Puerto Rico to refinance private and federal student loans, including undergraduate, graduate, parent and MBA loans, as well as loans for law, dental and medical school.

When you refinance student loans, you lower your payments by consolidating your private or federal student debt into a new loan with a lower rate. Banks and online lenders offer fixed or variable ...

To refinance your student loans, apply for a loan from a private lender for the amount of your existing debt. Once approved, you can use the loan to pay off your old loans.

SoFi will only match rate offers for private student loan refinance products. The match will be on the rate, exclusive of all discounts. The $100 Rate Match Bonus is not available to residents of Ohio. To receive the $100 Rate Match Bonus, you must: (1) register and/or apply for a student loan refinance (2) provide documentation of an eligible ...

Federally-held student loans have a suspension of payments and a temporary interest rate of 0% until 9/30/21. If you refinance these loans, you will no longer qualify for this relief or other federally-held loan benefits.

Student loan refinance lenders’ requirements vary, but you’ll have a good shot at qualifying if you: Have good credit. At a minimum, you’ll need a score in the mid-600s.

You can include any student loan debt used for financing your education. You cannot include any other types of debt even if it was used to pay education expenses, for example, credit card or mortgage. You may also be able to refinance your student loan debts even if you previously consolidated them into a single loan. Underlying loan types ...

You deserve great rates and flexible terms. Student loan terms range from 5-15 years*, with student loan refinancing terms ranging from 5-20 years*. Our parent loans offer flexible terms from 5-10 years*. All student loans have the option of low fixed or variable rates, and best of all, you can prequalify in minutes.

If you refinanced from a $100,000 federal loan at an 8% rate to a private student loan at a 3% rate, for example, you’d save a whopping $5,000 per year in interest and much, much more over the ...

If you refinance your federal student loans into private ones, you’ll no longer be eligible for any future loan relief by the federal government. Refinancing eliminates other forgiveness options.

Student Loan Refinance Calculator Whether you’ve been paying off your student loans for six months or six years, refinancing your student loans could seem like a good idea.

With a student loan refinance, you are replacing all of your existing student loans (or a single student loan if you only have one) with a new loan with new terms. By qualifying for a lower interest rate or reducing the payback period of the new loan, you could save thousands in interest over the life of the loan.