Should I Cosign for My Spouse Refinancing a Student Loan?

Deciding to refinance student loans as a married couple could be a smart move to improve finances, especially if one spouse has much better credit. Refinancing a student loan may result in a lower interest rate, which saves money. This could help alleviate financial stress and allow you to reach other financial goals, such as buying a home, saving for vacations and saving for retirement. But, when your spouse is refinancing a student loan, should you cosign? Consider the pros and cons of cosigning and decide whether cosigning is right for you and your relationship.

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