Money Smarts Blog

[INFOGRAPHIC] Should you refinance your student loans?

Jun 22, 2016 ||

Should You Refinace Student Loans

Refinancing your student loans is a big decision–it could potentially save you thousands of dollars in interest over time, or make your payments more manageable by extending your repayment period.

But all student loans aren’t created equal. Refinancing federal student loans with a private lender could mean the loss of the borrower protections guaranteed by federal loans.

If you’re struggling to decide if refinancing is right for you, check out the infographic below, then learn more from NerdWallet.

Infographic: should you refinance your student loans?
Via: NerdWallet

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