Ask Terry Questions parent loan

parent loan

By Terry Savage on August 07, 2018 | College Savings / Student Loans

Hi! We were out of our minds when we signed up for parent + loans for our son to go to school. We have been paying since 2013 and have another 8? to go. Our payments are $800 each month! The interest is roughly 8%…any reputable places to go to refinance these? Don’t know what lenders to trust. Thanks!

Terry Says

Oh yes, you can definitely refinance a PLUS loan — if you have good credit. Now is the time to do it! Here’s a link to a great article at detailing their choice of the five best places to refi that plus loan. Get going!

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