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Does Refinancing Student Loans Hurt Your Credit?

The content on this website is for educational and informational purposes only and should not be construed as legal, financial or tax advice. While the ELFI team works to maintain updated blog content, the information provided is subject to change over time. Information is accurate as of the publishing date. Links to other websites or references to services or applications are provided as a convenience only. A link does not imply ELFI’s sponsorship or approval of any other site, service or application. ELFI does not control the content of these sites, services or applications.

†Notice for Federal Student Loan Borrowers: On 8/24, the White House announced up to $10,000 in forgiveness on Federal Student Loans for qualified borrowers and up to $20,000 qualifying for Pell Grant recipients and suspended federal student loan payments with 0% interest until 12/31/22. Before refinancing federal student loans, keep in mind that doing so will cause you to lose access to future benefits applied to federally-held loans. Learn more.

2Named a Best Student Loan Refinance Lender by U.S. News & World Report as of 10/26/22.

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Does Refinancing Student Loans Hurt Your Credit?

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