Consolidating parent plus loans to student speed dating events hamilton ontario
There are many Parent PLUS loan refinance programs being created in wake of the success private lenders have had with refinancing regular student loans.
Keep an eye out for them in case you’re not eligible for these.
Are you a parent who is still repaying student loans taken out to help your children finance their education?
While rising student loan debt totals are concerning for graduates, Parent PLUS loans can be troubling for those in their 40s and 50s trying to plan for retirement.
Refinancing can save you hundreds of dollars per month.
Below are the best Parent PLUS refinance programs currently available.
Keep in mind some lenders, such as So Fi, Common Bond, and DRB, offer the option to transfer your PLUS loans to your child. It’s a great option to have if your child can handle making the payments.If you haven’t been struggling with paying back your PLUS loans, then losing these benefits might not concern you, but it’s a factor you should consider.