Consolidating salliemae loans
Checking your rates and seeing what you might qualify for doesn’t impact your credit score, so give it a try: Credible Refinancing.
It honestly takes about two minutes: There are two main challenges that most people will encounter when it comes to refinancing your private student loans: Plus, College Investor readers who refinance at Credible get a 0 bonus! If you want to see what other options are out there, check out our list of the Best Places To Refinance Student Loans.
The challenge with getting a cosigner is that there is huge risk for the cosigner, and many people (including myself) recommend people to never cosign a student loan.
However, if you do get a cosigner, there is a proper way to do it.
Plus, College Investor readers get a 0 bonus for refinancing. If you can’t afford your loans, the first thing you need to do is call your lender and see if they can help you.
Some private lenders (not many, but some), do offer assistance programs that can potentially help you stay current with your loans.
It’s estimated that over 1.4 million borrowers have private student loan debt, with an outstanding balance of over 0 billion in loans.
To refinance, we recommend that borrowers try Credible.