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What does it mean to refinance student loans?

Refinancing student loans is meant to ease the burden and stress of paying back a single loan or multiple loans. When someone refinances their student loan(s), they are obtaining a new loan that pays off and replaces one or more student loans and that has terms that work better for their current financial situation, payment preferences and financial goals. By refinancing through Splash Financial, you may qualify for a lower interest rate or lower monthly payment on your student loans.

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Related Questions:
Should I refinance my student loans?
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