 TITLE: Is Now a Good Time to Refinance Your Student Loans? CONTENT: Do You Need a Good Credit Score to Refinance Your Student Loans?\n----------------------------------------------------------------\nGood credit or better is generally necessary to qualify for student loan refinancing. That's because a high credit score shows lenders that you are a low-risk borrower, and low-risk borrowers are typically eligible for approvals that come with better interest rates.\nThat said, having less-than-perfect credit doesn't automatically mean you can't refinance your student loans. You may be able to qualify with a cosigner. If you don't have a cosigner who agrees to do you that favor, you could take steps to improve your credit before applying.\nThe first step toward increasing your credit scores is to check your credit and see where you stand. This will help you figure out where you need to improve and provide some guidance on where to start. Experian offers a free FICO® Score☉ that includes a breakdown of factors impacting your credit. With this information, you can come up with a score improvement plan.\nWhen you are ready to refinance student loans, be sure to shop around and compare offers with multiple lenders since that will help you find the best possible rates and terms. END