Not exact matches
In effect, when you refinance your student loans (or any kind of loan, really), you're
shuffling your
debt around.
If understanding these offers doesn't come easily to you — or if you haven't overhauled the spending behaviors that got you into
debt in the first place — you might be more likely to come out ahead by focusing on paying down your existing balances rapidly instead of
shuffling money
around in an attempt to save a few hundred bucks.
You can
shuffle your
debt around hoping that it will help you to pay off your
debt but most consumers fail to repay the
debt in time (let's not forget that promotional funding is limited) and everything ends up with paying additional balance transfer fees and staying in
debt.
Shuffling debt around can also help.