• If you're thinking about refinancing your federal student loans to save money, wait until forbearance ends

    6 days ago - By Business Insider

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    Borrowers who took out federal student loans with higher rates several years ago may consider refinancing to save money while rates are low.
    However, experts agree that it's not the time to refinance. Federal student loans are currently in forbearance, and no payments are due until September 30.
    Refinancing involves switching your loans from federal student loans to private student loans, losing assistance programs like income driven repayment. It would also require paying on loans again, and missing out on the chance to bulk up your emergency fund with...
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