When Should You Refinance?
- You should be a graduate, have left school, or be enrolled for less than half time.
- You’re up to date on your loan payments and in good standing.
- You have enough income to afford your expenses. Your debt-to-income ratio should be at least 50%, though below 20% is excellent.
Should You Refinance Federal Student Loans?
- Automatic suspension of payments and waiving interest on loans held for 6 months during the coronavirus pandemic.
- Potential loan forgiveness for teaching or working in public service for a nonprofit.
- Flexible repayment plans such as income-driven plans that base payments on income and family size, and forgive remaining debt after 20 or 25 years of repayment.
- Interest-free payment postponements if you lose your job or have financial troubles.
- Loan Discharge options if there is school fraud, you die or become totally and permanently disabled.
Refinancing Private Student Loans
How Much Can You Save?
Bonus: Refinance Credit Card Debt With A Personal Loan
Reclaim Up to $610/Year in Car Insurance
Here’s the thing: your current car insurance company is probably overcharging you. But, who has the time to look around for around a new company?
A website called CarInsurance.net makes it super easy to see if you’re getting the lowest price. All you have to do is enter your ZIP code and your age, and it’ll show you your options.
Using CarInsurance.net, people have saved up to $610 a year.
It takes just a few minutes to see how much CarInsurance.net could put back in your pocket. And the best part? Because we’re driving less, some insurers are slashing prices this month.