The Best Gift to Yourself: Refinance a Student Loan and Save Thousands
Category: MONEY
Not to be confused with consolidating a loan, when you refinance a loan, new lender effectively pays back your old loan and you get issued a new loan at a potentially lower interest rate, with a lower required monthly payment.
By Charisse Amanda (Conanan) Johnson, Contributor
Principal, The Charisse Amanda Group, 2014-01-03