Comments on: Can you refinance student loans after consolidation? http://my-student-loan-consolidation.com/uncategorized/can-you-refinance-student-loans-after-consolidation/ Student Loan Consolidation Tips Mon, 23 Aug 2010 09:08:57 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: KyFADirector http://my-student-loan-consolidation.com/uncategorized/can-you-refinance-student-loans-after-consolidation/comment-page-1/#comment-239 KyFADirector Sun, 27 Dec 2009 12:23:24 +0000 http://my-student-loan-consolidation.com/financial-aid/can-you-refinance-student-loans-after-consolidation/#comment-239 Your lender is correct. I would think the only way you could refinance and get a lower rate would be if you borrowed a new loan from a bank or an equity loan on your house and used those funds to pay off the consolidated loan. Now if you borrow now you can reconsolidate all your new loans with your old loans but the interest rate will be a combination of the rate on the old loans and the rate on the new loan not what the old loans would be if they were not consolidated currently so unless you borrow a lot more it won't drop your interest that much. Your lender is correct. I would think the only way you could refinance and get a lower rate would be if you borrowed a new loan from a bank or an equity loan on your house and used those funds to pay off the consolidated loan.

Now if you borrow now you can reconsolidate all your new loans with your old loans but the interest rate will be a combination of the rate on the old loans and the rate on the new loan not what the old loans would be if they were not consolidated currently so unless you borrow a lot more it won’t drop your interest that much.

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