Private Refi of Stafford Loans Post Graduation??

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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rorystewart
Posts: 87
Joined: Mon Dec 21, 2009 4:25 pm

Private Refi of Stafford Loans Post Graduation??

Postby rorystewart » Wed May 15, 2013 4:38 pm

Has anyone successfully refinanced their Stafford loans with a bank or credit union for a lower interest rate after graduation? What/where/how? Thanks!

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holdencaulfield
Posts: 478
Joined: Sun Apr 26, 2009 7:12 pm

Re: Private Refi of Stafford Loans Post Graduation??

Postby holdencaulfield » Wed May 15, 2013 4:45 pm

My buddy did. He just got a approved for a line of credit that was at a better interest rate, and he used it to pay off his loans. I think it was only 30k or so though.

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rorystewart
Posts: 87
Joined: Mon Dec 21, 2009 4:25 pm

Re: Private Refi of Stafford Loans Post Graduation??

Postby rorystewart » Wed May 15, 2013 4:57 pm

I'm just throwing out a random number here. But let's say the person has 100k in debt.




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