How do I refinance my student loan that I got outside the US? The interest rate is killing me. 13.5 pc. Any advise please? For context, I'm not a citizen nor a permanent resident.

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Damn you got fleeced.

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Outside the US? No problem. Don't go back to that country

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I don't have anything helpful to contribute.

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That's around the lowest we could get in my country.. There was no other way for me that time.

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I have seen similar rates from the sub continent. See if you can get a personal loan for low rate and pay the student loan. Also, new Apr free credit card - buy you need to be very very diligent in paying it off

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OP I know the pain. Looked at all the options. Even maxing out the cc. But figured my best option was what EY2 suggested- live like a college kid for a while. Putting every single penny I can towards my loan. 9 more installments to go. Side effect- I'm used to my lifestyle now. So once I'm done with loan I can live the same way (or a little upgrade) and save over 50% take home pay. 💰💰💰

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So sorry my friend. I thought I had it bad :( didn't realize non-citizens can't refi

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Take out a loan in the US for 20k at less than 5% and pay it off....

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Personal loans come around 10 percent for me.. Have to try the credit card way through.. 😕

Where are you based at OP? I feel like it should be possible to pay it off in a year or two with minimal impact to life style, if u don't mind being a college kid for a bit

Based out of Houston. I'm living the college kid life right now.. Taking care of parents' expenses and stuff..

Would SOFI not work?

A1, SOFI wouldn't refinance for loans outside country..

Thanks EY2. Thankfully yours is better.

Borrow interest free money from an American friend

If you are on a work visa, you can try credit unions for low interest personal loan. Are you on a student visa or work visa?

P1, Wonder who'll be okay with lending a 20k interest free money.

Ey3. Work visa. Enquired a credit union. They could approve only 5k at 10pc for personal loan.

5k is too low. SOFI and other places will give you more than that at 10 or sometimes even lesser but then the pay back period will be short. 2 years of less. Have you tried those?

Inflation in that country is likely high. Real interest rate is probably between 5-9% im just guessing.

What's your total fees op? Is lending club an option ? I hear they finance loans but not sure

I had about 30k in loans I paid all off in a year n half .that did mean minimal expenses and no extravagant shopping but I still had my share of fun

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