Refinance vs Consolidate Student Loans

By Bill Jackson September 23, 2021 3 mins read 3406 Views

In this video we're covering refinancing vs. consolidating your student loans. What does refinancing student loans mean? What does consolidating student loans mean? The video will cover both refinance vs. consolidate options so you can walk away feeling confident about the differences and what might be better for your situation.

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Timestamps:
0:00 - Introduction
0:30 - What Loan Consolidation is
0:42 - Federal Student Loan Consolidation
1:53 - Private Loan Consolidation
2:38 - Student Loan Refinancing
3:30 - Variable Interest Loan
4:03 - Introducing SoFi
4:37 - Questions to ask for loans

The experiences and savings of members shown may not be representative of the experiences of all SoFi members. Past performance does not guarantee future results. Savings are not guaranteed and will vary based on your unique situation and other factors. Loans offered by SoFi Lending Corp. or an affiliate (dba SoFi), CFL 6054612 , NMLS 1121636 (www.nmlsconsumeraccess.org). Advisory services are offered through SoFi Wealth, LLC an SEC-registered Investment adviser. Active Investing products and SoFi Money® are offered through SoFi Securities LLC. Member FINRA/SIPC. Neither SoFi nor its affiliates is a bank. [BR20-250502]

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➤ Refinance Your Student Loans
? SoFi - (Exclusive) Get $100 when you refinance your Student Loans to Cut the Interest Rates!
https://erikakullberg.com/sofi

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➤ READING
? This is my current favorite personal finance book
https://amzn.to/2I0f6Wd

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➤ FREE DOWNLOADS
? Download the budget & expenses tracker or the net worth tracker I created
Free Budget & Expenses tracker: https://bit.ly/3aTYOrJ
Free Net Worth Tracker: https://bit.ly/2U5UOOR

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➤ OTHER RESOURCES
? For other resources, check out my website
https://www.erikakullberg.com/resources

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About ME:
Hello! My name is Erika Kullberg. I'm a lawyer by profession, but my passion is personal finance. After I graduated, I had over $200,000 of student debt, so I made it my mission to dive into everything personal finance-related, so I could equip myself with the tools to pay off the student loans as quickly as possible. I ended up paying them off in under 2 years, and now it's my passion project to share with you all of the strategies I've used to pay off my student loans, increase my net worth, credit card hack (travel on points), invest, house hack (invest in real estate), build passive income streams, and more. I hope you'll join me on the channel!

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NOTE: This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you).

Disclaimer: I am not a financial advisor. Although I am a lawyer by profession, I am not your lawyer and no attorney-client relationship is established with you in any way. This video, and the ideas presented in it, are for entertainment purposes only and should not be construed as financial or legal advice.