To refinance student loans means to modify or replace your existing student loan with a new loan. This is done with the intention of obtaining better loan terms, such as a lower interest rate or more manageable monthly payments. Full definition
The benefit of using a home equity loan for refinancing student loan debt is the potential to drastically lower the interest rate. (studentloans.net)
Like private student loans, loans for refinancing student debt tend to come with a choice of fixed or variable interest rates. (finder.com)
There's a lot to consider when refinancing student loans, but don't worry — we're going to guide you through the process and help you make a smart decision. (studentloanhero.com)