Hello Student Loan forum. I don't think I have posted in here before! Need opinions from experts.
As you can see from my sig, I am rebuilding my credit, and have a ways to go. Asssuming my scores have improved a little in the next 3 to 6 months, I was wondering what my refi options might be, and if it makes any sense to even consider refinancing in the first place. The facts:
So, given the above, is it even likely there will be competitive refi options available to me?
Navient has not been terrible to me, but they have not been great either. There is not a lot of advantage to consolidating, other than getting a couple more paid loans on file, getting a better loan servicer, maybe aging the delinquency off, and simplifying down to one fixed price payment instead of 2 graduating payments.
Is this something I should even be spending time thnking about? I have no idea what the student loan refi market is.
You were pretty much thinking what I am thinking. I do believe I will revisit the question in a couple months, but I am not optimistic that it makes much sense or will be feasible. It's this bit right here that is the big question, and I wish you had the answer
I dont think it would save a ton on interest, but it might "compel" me to pay them off a bit quicker. If I knew that refis under 7% wont happen, then the point is moot regardless. I have no clue what refi % is reasonable or typical. We will wait and see I guess.