WHAT WE BELIEVE
Student Loan Debt is a worthwhile investment. You are investing in you, your career and family’s future. There can be no greater investment. While the debt may be in the hundreds of thousands, the income and wealth you will create over your lifetime will number in the millions. Paying your debt must be done strategically, equally so refinancing. When should I refinance? With whom should I refinance? And How (what terms, interest rates) should I refinance are the three questions you must answer before you refinance.
Federal Direct Loans are serviced by a variety of approved Federal Loan Servicing companies – many of whom you may recognize – Navient, Mohela, Nelnet etc. You can find a list of them here Log-in, they will provide you all the information you need about your loans, grace period and repayment options.
Here are few tips before diving in:
- Federal loans generally have more flexible repayment terms but high interest rates. Flexibility is important when first in practice.
- Private loans generally have lower interest rates but shorter repayment periods and less flexible terms. Their use should be considered when you feel financially stable.
- How do you know if refinancing is for you? Call us. Email us. We’ll talk you through it.