Yes, Citizens Bank allows borrowers to refinance both federal and private student loans through their student loan refinance program. So Citizens Bank provides several student loan options to help you consolidate your debt.

Refinancing your student loans offers numerous benefits, including low interest rates, customizable repayment plans, simplified finances, potential cosigner release, and the chance to improve your credit score. It’s a strategic move to take control of your financial future and work towards a debt-free life – take your student loan and consolidate your debt!

When you refinance your federal student loans with a private lender like Citizens Bank, you may lose access to federal loan benefits. However, you can enjoy Citizens Bank benefits of smart repayment plans and lower interest rates.

Yes, when refinancing your student loan with Citizens Bank, you have the option to choose between a variable interest rate, which may fluctuate over time, or a fixed interest rate, which remains constant throughout the life of the loan.