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Choosing which Student loans to refinance

What is Student Loan Refinancing?

Published on December 28, 2018

We get it, student loans are complicated. Here at PenFed we make refinancing your student loans a painless, stress-free process that'll make you proud of making the decision to refinance. So, what does student loan refinancing even mean? What does it mean to consolidate student loans? Student loan refinancing is the process of obtaining a new l...Continue Reading

Paying Off Student Debt Slow and Steady or Faster

Paying Off Student Debt – Slow and Steady or Full Speed Ahead?

Published on December 21, 2018

Getting out of student debt as quickly as possible is one strategy that many consider when it comes to paying off their debt. Borrowers with student debt often sacrifice building up their emergency savings or forego investing in their retirement fund to reduce their loan balance down to zero. Psychologically, debt can be seen as a roadblock to fina...Continue Reading

Choices when refinancing student loans

Choosing Which Student Loans to Refinance

Published on December 14, 2018

Refinancing is a flexible solution to potentially save money on your student loans, but how do you know where to start, and which loans you should refinance? Choosing which student loans to refinance starts with knowing your goals and knowing your loans. Review your type of loan There are two types of student loans ... federal and private. Fede...Continue Reading

10 Questions to Ask When Refinancing Student Loans

10 Questions to Ask Before Refinancing Your Student Loans

Published on December 7, 2018

By now, there's a good chance you may have heard about student loan refinancing as an option to help lower monthly payments or save money across the life of your loan. But how does it work? What do you need to know? We've collected these 10 frequently asked questions and wanted to share the responses to fill you in on what you need to know. If thes...Continue Reading