Can I refinance my personal loan? Current members whose loans are in good standing can apply to refinance their loan after making two on-time consecutive payments. You would submit a new application for the amount you’d like to refinance. 0 108 Related Knowledgebase Are there tax documents for my personal loan? Will the personal loan report to the credit bureaus? I am having trouble making a payment. What are my options? Will a large payment make my payments lower? How do I make my personal loan payments?