Thinking of Refinancing Your Student Loans? 3 Important Questions to Ask Yourself First
If you haven't already, you're probably going to start receiving offers from private companies offering to refinance your student loans. After all, payments are set to resume next month, and many borrowers are worried about fitting their student-loan payments into their budget.
While keeping your student-loan payments affordable is certainly a valid concern, refinancing your student loans might not be the best way to do it. To help determine if refinancing is right for you, here are three important questions to ask yourself.
This is the most obvious reason you might be interested in refinancing, but as we go on, you'll see it's not the most important consideration for many borrowers.
Source Fool.com