How the economy impacts what rates you get on student loan refinancing

Student Loan Planner

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4+ y ago 41:48

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Student loan refinancing can be a big help to your financial goals.

But some refi strategies can make it so you can’t buy a house or start a business.

In this episode, I’ll talk about when a refi makes sense for you and discuss how the economy, a recession, and changing interest rates factor into your decision.

In today’s episode, you'll find out:

What is a refi ladder and can it work for you
How doing more than one refi can be a smart move
The reason to refi to a longer term at a higher interest rate
Why you shouldn’t worry about your credit score when you refinance
The risk of going with an aggressive repayment strategy
How your student loans can impact buying a house or starting a business
How government interest impacts the interest you pay
What would happen to student loan interest rates in a recession
When variable rates are a smart move in your refi strategy

Full show notes at: http://studentloanplanner.com/48

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