How can I refinance my college school loans?
Question by JKP0011: How can I refinance my college teach loans?
Really it’s my girlfriend who needs her college loans refinanced. They’re in this area 60 thousand. Shes paying over $ 500 a month for her loan, and some of my friends have the same if not more of a total loan amount and they are paying hundreds of dollars lower a month. How can she get her loan refinanced to get a lower payment? Is this possible? Her contemporary loan is through a company named Sallie Mae.
Best answer:
Answer by bcyouletme
She can try. You can consolidate loans collectively so the amount doesn’t change but the monthly payments are lower. Depending when she got them, my rate is around 3%, though I know they are higher now. You can’t really refinance a student loan. Have her call Sallie Mae or try Nelnet as well.
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