Learn how Taylor is saving thousands by refinancing her Sallie Mae loans!

Taylor was trying to find a way to save money while paying off her student loans with Sallie Mae. She didn't know where to start.

What was Taylor's concern?

Taylor noticed her interest rate on her loans were high, and she wanted to lower her rate. She started by looking at the options she had to refinance her loans.

What is refinancing?

Refinancing means that you are replacing one loan with a brand new loan at a new company.This means you will have a brand new rate and term

How did Taylor refinance her loans?

Taylor began by comparing rates with different lenders. She did her research and looked at rates with a pre-approval application.

She found the best rates, now what?

Taylor then had to decide what type of loan and the term she wanted to use.

What does type of loans and term mean?

The type of loan refers to the types of loans refinance companies offer: fixed, variable and specialty. The term means how long you have to repay the loan.

Taylor needed to verify her information

Lenders want you to verify things like your income, graduation, and loan information. She then waited about a month for the refinance to be process.

Time to save!

Taylor will save thousands from refinancing her loans from Sallie Mae. Her first payment will be due 30-45 days after she signs the contract.

Swipe up to learn more about how you can refinance your student loans and save thousands like Taylor!