Using the refinancing ladder strategy can help student loan borrowers get out of debt much faster. In this episode, learn how the refinancing ladder works for refinancing student loans — and how to decide if refinancing is right for you.
In today's episode, you'll find out:
• What is the refinancing ladder strategy?
• When is refinancing a good decision?
• Why you shouldn't refinance federal loans too soon
• What, exactly, is student loan refinancing?
• How student loan refinancing differs from other refinancing
• How Student Loan Planner's cash-back bonuses work
• The differences between short-term and long-term refinancing
• How to calculate your payment with various loan terms
• How many times do people generally refinance?
• How to use the refinancing ladder strategy
• Should you go with a variable or fixed rate?
• How historic refinancing rates compare to the rates of today
• How variable rates are calculated
• Why don't more people refinance their student loans?
• Why putting off your financial health is unwise
• How lenders profit from borrowers who don't know to refinance
• Who should and shouldn't refinance their student loans
• Benefits of using the refinancing ladder with cash-back bonuses
Full show notes at: http://studentloanplanner.com/42
