Minnesota Student Loan Relief Program (LEGIT)
Do you feel like you are drowning in student loan debt? You're not alone, trust me!! Fortunately, Minnesota stepped up and state officials rolled out a new student loan refinancing program that will help borrowers manage AND reduce student loan debt. Find out if you are eligible here.
“Minnesota ranks fifth highest in the country for student loan debt, with the typical student carrying an average of $31,579 in debt,” said Lt. Gov. Tina Smith. “This is an important first step to improve college affordability and increase educational opportunities for all students.”
The program is called SELF Refi. You have to be current on your bills, and have decent credit, BUT if you do, this program will help you refinance at a lower rate saving you (possibly) hundreds of dollars a month. Right now fixed interest rates start at 4.5% and variable start at 3%.
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