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Some lenders will permit the refinancing of those Parent PLUS loans from the parent's name into the name of the child/graduate.
Indicates whether or not the lender allows loans that were previously in default, but have now been rehabilitated, to be refinanced.
Often, the introductory rate on a variable-rate loan is lower than that of a fixed rate loan, though it has the potential to increase later.
Interest rates may increase or decrease at any time and typically do so based on changes to LIBOR.Loans currently in default are generally not eligible for refinancing.This is the lowest credit score a lender will consider when determining borrower eligibility.If you meet these requirements, you might be an excellent candidate for student loan refinancing and consolidation!If you don’t think you meet the requirements, don’t worry – as you can apply with a cosigner to increase your chances of getting approved for a better student loan.The average amount borrowers have saved by refinancing with this lender.