Student loan refinancing rates continue to drop. Based on an analysis of 23 lenders’ advertised rates, the average minimum fixed interest rate on refinanced student loans was 3.51% on July 1. But refinancing isn’t for everyone. Here’s how to tell if you should take this step right now.
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Student loan borrowers were targets for scams before the coronavirus pandemic hit. The longer people struggle, the more desperate they become, and that’s when scammers and fraudsters thrive.