Refinancing student loans may feel like a complex and overwhelming process. To help you navigate through this journey, we’ve compiled a list of five essential questions you should ask before refinancing your student loans. 1) Are you planning on refinancing federal loans, private loans, or both? Federal loans are offered by the federal government. While private loans are offered by banks, credit unions and online lenders. Federal loans come with a variety of benefits. Including, but not limited to public service loan forgiveness and income-based repayment options. Forgiveness of your loan essentially means that you are no longer required to …
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