Are there any programs available to help me refinance my student loans?

Yes, there are programs available to help you refinance your student loans in Wisconsin. The Wisconsin Department of Financial Institutions offers assistance with student loan refinancing through their Refinancing Education Loan Program (RELP). This program provides borrowers with lower interest rates and longer repayment terms. The RELP can also help borrowers who need to consolidate multiple student loans into one loan. Borrowers must meet certain eligibility criteria, such as being a Wisconsin resident and having a credit score of at least 650, in order to qualify for the program. Some of the lenders participating in the RELP are Alliant Credit Union, College Ave, Earnest, ELFI, LendKey, and SoFi. In addition to the RELP, the Wisconsin Department of Financial Institutions offers an online platform for refinancing student loans. This platform connects borrowers with a variety of lenders offering refinanced student loans. Borrowers should also consider federal student loan consolidation or federal loan repayment programs such as income-based repayment and public service loan forgiveness. Borrowers who are not eligible for the RELP may be able to benefit from these options. Regardless of the option you choose, it is important to understand the terms and conditions of the loan before making a decision. Additionally, it is always advisable to compare lenders and consider the fees and other costs associated with the loan in order to make the best decision for your financial situation.

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Are there any programs available to help me refinance my student loans?

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