AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min snip
2721: When You Should & Shouldn’t Refinance Your Student Loans by Travis Hornsby with JackieBeck.com
Optimal Finance Daily - Financial Independence and Money Advice
Factors to Consider Before Refinancing Student Loans
Ensure you can cover all expenses before choosing to refinance. Credit card debt may hinder the ability to access a good interest rate for refinancing. Income-driven repayment plans are only available for federal student loans. Do not refinance if there's a chance of qualifying for PSLF. Avoid refinancing if you are close to paying off your loans. Refinancing is not the ideal choice for everyone as it may entail giving up federal loan perks. Consider cutting expenses to pay off debt quickly before opting for student loan refinancing.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode