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The other way that you can lower your payment when refinancing your student loans is by extending the term or length of the loan.

Maybe you have a 10-year loan now, and by making it a 20-year loan, you can almost cut your payments in half.

This term gets confused for consolidation because many people multiple private loans into one new loan.

You can refinance both private and Federal loans, so that adds another level of confusion to the term.

Just remember that you’ll likely pay more interest over the life of the loan with a longer loan.

So you can refinance other private loans you already have? Student loan refinancing originated by simply refinancing other private student loans.

The easiest way to comparison shop for student loan refinancing is to use a comparison engine like Credible.

We love Credible because they shop loans at almost every major student loan lender. Plus, College Investor readers get up to a

The other way that you can lower your payment when refinancing your student loans is by extending the term or length of the loan.Maybe you have a 10-year loan now, and by making it a 20-year loan, you can almost cut your payments in half.

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The other way that you can lower your payment when refinancing your student loans is by extending the term or length of the loan.

Maybe you have a 10-year loan now, and by making it a 20-year loan, you can almost cut your payments in half.

This term gets confused for consolidation because many people multiple private loans into one new loan.

You can refinance both private and Federal loans, so that adds another level of confusion to the term.

Just remember that you’ll likely pay more interest over the life of the loan with a longer loan.

So you can refinance other private loans you already have? Student loan refinancing originated by simply refinancing other private student loans.

The easiest way to comparison shop for student loan refinancing is to use a comparison engine like Credible.

We love Credible because they shop loans at almost every major student loan lender. Plus, College Investor readers get up to a $1,000 bonus when they refinance with Credible!

,000 bonus when they refinance with Credible!

So remember everything you need to know about private student loans.Student loan consolidation is a special program offered by the Department of Education to simply combine all your Federal student loans into a single Federal student loan.Student loan consolidation only applies to Federal student loans, and it’s a free program. Student loan refinancing is the process of taking out a private loan to replace your other student loans.For an explanation of our Advertising Policy, visit this page.Student loan refinancing has been growing the last few years, with many new companies entering the space and promoting offers to student loan borrowers.

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