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

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

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

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