Howdy!
I have a friend that is too embarrassed to post her financials despite my reassuring her that people here are generally kind and helpful. So I told her I'd post for her. There's a lot of issues at play but one of the biggest is that she has about 300k in student loans that she consolidated to 5.5 percent about a year ago. Her credit is pretty bad but for the past year she's made all the payments on time. Can she refinance these consolidated loans? Or is she stuck with this rate? I don't have much experience with student loans so I'm not sure how to guide her. Would love to hear from anyone that might know more about this!
I have a friend that is too embarrassed to post her financials despite my reassuring her that people here are generally kind and helpful. So I told her I'd post for her. There's a lot of issues at play but one of the biggest is that she has about 300k in student loans that she consolidated to 5.5 percent about a year ago. Her credit is pretty bad but for the past year she's made all the payments on time. Can she refinance these consolidated loans? Or is she stuck with this rate? I don't have much experience with student loans so I'm not sure how to guide her. Would love to hear from anyone that might know more about this!
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