Student Loan Refinancing Myths to Keep in Mind

Many people don’t pursue refinancing their student loans, and it’s due to certain myths that circulate. Here are some of those myths that you should discount.

1. Searching for refinancing options can hurt your credit score.
2. Federal and private loans can’t be refinanced together.
3. You lose flexibility with repayments if you end up refinancing your loans.

Image via Student Debt Relief.