With Variable Rate Refinancing, It’s Possible to Pay 0%-1% Interest on Private Student Loans

[Editor’s Note: If you’re interested in attending the 2022 Physician Wellness and Financial Literacy Conference (WCICON22), registration opens Tuesday, Sept. 14 at 7pm MST. This CME eligible event will take place February 9-12, 2022 at the JW Marriott in Phoenix, AZ. This hybrid conference will contain both in-person and virtual packages. Click here for more details and save the date today!]

By Dr. Leif Dahleen of Physician on Fire, Anesthesiologist, WCI Network Partner

I knew that borrowers with federal student loans were benefitting from temporary interest-free loans during the pandemic, but I was quite surprised that some who had chosen variable-rate refinancing via private companies are also benefitting from 0% interest or close to it.

In two threads in our physician-only Physicians on FIRE Facebook group, more than a dozen borrowers with refinanced variable-rate student loans reported paying under 1% currently. All but two were paying less than half a

Keep reading this article on The White Coat Investor.

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