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Should You Refinance Your Student Loans Before Repayments Resume?


Federal student loan borrowers will have to resume payments after Aug. 30, following a three-year pause. That's sure to strain some budgets, especially given how much inflation has driven up the cost of basic living expenses in recent years. 

It's only natural to wonder how you can minimize the blow to your finances that regular student loan payments may cause. Refinancing is probably one of the first things that comes to mind, but it's not the right move for everyone. Here's how to decide if it's a good choice for you.

Image source: Getty Images.

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Source Fool.com


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