student loan refinancing

[RU482]

I've got $10,000 in student loans. I keep etting e-mails and hearing commercials warning me to re-finance them before July 1st.

What's the best route to go for this?

I took two semesters of classes full time, and now I am dropping back to one class a semester and paying out of pocket.

 

[RaistlinZ]

I thought refinancing your loans hurts your credit score.

But anyways, are you loan payments fixed or vairable intrerest rate? It might be worth it to refinance to get a low fixed rate, but other than that I probably wouldn't bother with it.

 

[PhoenixOrion]

refinance only if you can get a better rate and get it fixed because the rates are on the uptrend atm.

and as with any kind of loan, always pay more than the scheduled monthly payment.