Here’s how Simple It Is To Refinance Your Student Loans and Save Money on Interest

Published on Author Manny LarcherLeave a comment

Student loan debt is a drag, and not just on your finances. Dealing with multiple lenders can be a real time-suck, and, let’s face it – no one wants to spend more time than absolutely necessary paying off debts. If you’ve been looking for a way to make repaying your student loans less of a burden (and less expensive), Purefy just might have a solution for you. For debt ranging from $7,500 all the way up to $300,000 in student loans, Purefy is helping people get back to what’s important – living life. Saving money doesn’t hurt either.

 

With student loan interest rates having just risen, now’s a great time to consider what refinancing could do for your financial situation. An undergraduate borrowing now has to pay 4.45% interest – as opposed to last year’s rate of 3.76% – while a graduate student will pay 6.00% interest on their debt, an increase from last year’s rate of 5.31%. Direct PLUS loans will also see an increase in interest to 7.00%, up from the 6.31% interest rate they carried last year.

 

Debt is a burden in and of itself. Student loan debt can be easier to appreciate – because you’ve received an education – and it’s still a burden. But interest… well, it’s just one of those things, like the thorns on the rosebush of your financial life. We just have to learn to deal with it. Or do we?

 

After all, the thorn of interest is what you’re up against. Why not slip on some gardening gloves while you prune? Refinancing your student loans with Purefy can get you lower monthly payments and/or interest rates plus shorten your repayment term, which can save you thousands in interest. Who said you had to endure pain to enjoy beauty?

 

With Purefy, you can refinance all federal, private, and direct PLUS loans into one monthly payment, then get a plan that suits your needs, with a rate that fits your budget. Borrowers with Purefy are saving thousands, we have lowered customers’ interest rates by an average of 2.12%*. There are no fees – no pre-payment penalties, origination, or application fees – and the application process is quick and easy. Just answer 5 simple questions to check your rate – before a credit check or applying.

 

After you’ve found your rate, you’ll be able to review rates, discounts, and your new monthly payment – all suited to your specific situation. You’ll be able to do all of this in less than 60 seconds and apply in less than 15 minutes.

 

Purefy is on a mission to help others discover what options they have available when dealing with student loans. We offer free consultations about specific student loan situations via phone at 202-524-1115, or email info@purefy.com and are always happy to help you find the best solution for you.

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