Are you a recent college grad and just realized that it is time start paying back your loans? Are the loan companies starting to send you letters about this too? If not they will very soon. It is Kinda scary to come to terms with the fact that it is time to grow up, pay your debt off and wonder if you will be able to pay off this huge loan.
Well, you really can but you need to be financially wise about this. And to make that loan easier to swallow you need to get the lowest monthly payment possible. The only way to do this is to re-finance your student loan with a lower interest rate and / or better terms. This is the only way to save you money with your loan.
There is no time like now to re-finance your student loan and save money with a lower monthly bill.
Deciding which refinance company to use can be difficult. We can help you compare the best refinance and consolidation companies in one place.
Here is some knowledge they didn’t teach you in college, the difference between the two:
- Student Loan Refinance: The process of replacing an existing loan with a potentially lower interest rate loan.
- Student Loan Consolidation: The process of combining multiple loans into one new loan.
Each lender has its own specific criteria to meet. Your approval odds may be higher with one lender versus another. Thus, one may quickly accept you and another one wont. Don’t worry, such is life.
Below, is a list of banks and lenders that allow you to refinance student loans, as well as consolidate them during the process. That is why you should apply to a few different companies. Not just one. And at least 3-5.
Both federal and private loans can be refinanced with a private lender. A cosigner can help improve your application if you don’t meet some requirements of a certain lender.
Here are 3 of the best student loan refinancing and consolidation companies:
- DEBT GENIUS Click Here to explore this genius debt relief Corporation.
- LENDKEY Read Below for some great information about this company
- CREDIBLE Click here to check out Credible Student Loan help.
LendKey Revolutionizes the Student Loan Industry
If you are struggling with student debt, then you should try LendKey.
LendKey Refinance is Revolutionizing the loan industry by allowing Credit Unions and smaller local banks to access this lending market.
These Credit Unions and smaller banks have the most favorable lending terms and conditions, yet in the past were often unavailable to students.
In the past, these smaller institutions were not available to student loans; Mainly only one Humungous Federal loan Giant governed everything available to students ( Aunt Sally or Couzin Mae ).
LendKey provides an alternative model for student loan refinancing that is generating cheaper rates for students
They are connecting two market participants for the benefit of both you, the Student and the Lender.
Click here to check your rates with LendKey for free and without affecting your credit score.
LendKey Refinance Benefits
No Application Fees. Its free to apply to as many as you want.
Making one single monthly loan instead of several with the loan refinancing option. A much lower interest rate on the loan.
The LendKey refinancing calculator can provide a quick estimate on how much you could save by refinancing your loan.
LendKey is an accredited A+ business with the Better Business Bureau (BBB).
LendKey has a 4.5 Star Rating and nearly 400 reviews. They also offer the best possible rates around.
There are no penalties for those who would like to pay off their loan early, so more than the monthly payment may be paid off at any time.
Provided the lender allows it, borrowers can pause payments for up to 18 months if they happen to become unemployed. This is one of the longest unemployment protection periods on offer with any lender. 
Click Here to check out better terms for your student loan with LendKey.
Lower Interest Rates
The interest rates are lower than other financial institutions who are known for charging high fees.
The local banks and credit unions also benefit from a very reasonable interest rate.
For students, LendKey offers both loan refinancing and private loans, as well as many other financial solutions.
LendKey offers five repayment periods of 5, 7, 10, 15 and 20 years.
One of the Best
All things considered, LendKey is one of the best private loan providers that finds the best rates for students.
LendKey refinance provides an easy way for students to find a cheap loan with no strings attached
There is little reason not to refinance with LendKey especially considering the service is free.
They are also very open and transparent in their operations and they have excellent feedback / ratings.
Click here to take advantage of all LendKey has to offer for your Student Loan Refinancing.
In Conclusion
It is time to Start the good habit of Managing your Finances well. If you start young, like now, You will continue in the future to Manage your finances responsibly and not find yourself drowning in debt later on. Start a good habit now.
Click any of the following to get started on taking control of your finances:
Best of Wishes in paying off your student Loans! Life is a Celebration, Let’s Manage it well!
