Stretch Your Dollar: Refinancing student loans

HOW ABOUT THIS FOR A NUMBER: AMERICANS CURRENTLY OWE ABOUT $14 TRILLION DOLLARS IN STUDENT AB LOAN DEBT

ENTHIS MORNING WE ARE STRETCHING YOUR DOLLAR WITH WHO DOMAY WANT TO CONSIDER áREFINANCINGáCONSUMER EXPERT CLARK HOWARD SAYS YOU MAY HAVE SUCCESS IF YOU'RE LOOKING FOR A LLOWER INTEREST RATE IF YOU TOOK OUT FEDERAL LOANS RWHEN RATES WERE HIGH – YOU MAY BE ABLE TO TAKE ADVANTAGE OF LOWER RATES NOW THAT WEREN'T AVAILABLE WHEN YOU STARTED AD BORROWINGNEXT – IF YOU HAVE GOOD CREDIT – YOU COULD BE ELIGIBLE FOR A RECONSOLIDATION AS A GENERAL RULE OF THUMB – YOU'RE A LIKELY TO GET BETTER OFFERS IF YOUR SCORE IS RSBETWEEN 700 AND 800

FINALLY – IF YOU HAVE A SOLID INCOME IT MAY BE WORTH IT TO I TRY FOR A RECONSOLIDATION KEEP IN MIND THEY DO ONTAKE áALLá OF YOUR DEBT INTO CONSIDERATION THOUGH CAR LOANS, CREDIT CARDS AND TOTHER PRIVATE D LOANS IF YOU CAN, PAY DOWN SOME OF THAT DEBT BEFORE APPLYINGU+3000OOF OF3 IMPORTANT TO NOTE: YOU SHOULD áNOTá REFINANCE IF YOU'RE STILL FRESH OUT OF SCHOOL AND HAVEN'T YORETAKEN ADVANCE OF ALL THE DEFERMENT OR INCOME-BASED REPAYMENT PROGRAMS

THAT'S