<prompt> Human: In January of 2016, I took out a large loan 25k to fund a coding bootcamp living expenses. Because my credit rating was average around 700 I was forced to accept APR rate of 14 for such a large amount of money. Around May I landed a job as a developer and received a salary that allowed me to safely start making payments above the mininum on it and pay down other debts. As a result my credit rating increased and I took an opportunity in August to pay off this loan with a Wells Fargo loan that I got at 10 APR.Now, I see an advertisement on Amex that I am pre-approved and can get yet another for 10k at 6 APR.. All of these loans are without origination fees or other charges. My question is, do I keep refinancing this debt at lower and lower APRs, what are the pros and cons? I am paying the same amount every month and do not wish to borrow more money.. but if I keep switching lendors to lower and lower rates as my credit rating increases it seems like I saving a lot of money in the long run on interest. Is this right?  <response>: Paying less interest is good.Paying no interest is best, so pay these off as soon as you can. 