If you are trying to balance student loan payments with monthly expenses, you may be putting off larger purchases such as a home or vehicle. Fortunately, we’ve created a workflow that can help you manage your school debt while also saving up for a car. Learn how to prepare for a big ticket purchase and how a Citizens Bank Education Refinance Loan® may help you reach your goals.
A tight budget may make it difficult to save for a down payment on a car, and to meet the minimum monthly payment on a vehicle loan. This can be frustrating, especially if you need a car to get to work, take your children to school or simply make errands more convenient.
Before you consider purchasing a car, take some steps to make sure that the added expenses fit into your budget:
Whether you’ve just graduated or are well into your career, refinancing your student loans may be a smart way to manage your finances. When you refinance your student loans, you may be able to lower your monthly payments, which can make saving and paying for a new car easier. Refinancing also simplifies your schedule by converting multiple loan payments into one. To learn more about the benefits of refinancing your student loans or to start the application process, call 1-888-411-0266 and speak with a Student Lending Specialist today.
|Helpful Tools & Information|
|Refinance Loan Glossary||An easy-to-use guide for the terms you’ll encounter in the student loan process.||Learn more|
|FAQs||Answers to frequently asked questions about the Education Refinance Loan.||Learn more|
|Loan Refinance Estimator||Use our Refinance Estimator to see how much you could potentially save.||Learn More|