Andrew Tremblay has a college degree, a steady job and a solid credit score, so the 27-year-old was shocked when his request to refinance his college loan was declined.The other side of the higher education bubble.
Tremblay is one of many would-be borrowers who have been shut out by refinancing lenders, as detailed in a recent article by The Boston Globe. Only those with lucrative jobs, exceptional credit history, and the ability to have their parents as cosigners can usually qualify.
Monday, August 15, 2016
Why only a select few qualify for student loan refinancing
The Boston Globe reports: