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Can You Use a Personal Loan to Pay Off Student Loans?

Many lenders won’t let you use a personal loan to pay off student loans. But even if they did, you likely wouldn’t want to. Personal loans typically come with higher interest rates and shorter repayment terms than student loans do. If you’re looking for a loan to consolidate or pay off student debt, refinance into... Ryan Lane is a writer at NerdWallet.

 

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