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Is it time to refinance your student loan debt?
Is it time to refinance your student loan debt?

If you’re looking into refinancing your student loans, SoFi may be able to significantly reduce the cost of that debt. SoFi is the leading provider of student loan refinancing and has funded $5B+ to over 60,000 borrowers nationwide – saving their average borrower around $14k.* Their competitive rates and member benefits are what have made SoFi the go-to student loan refinancing company for thousands.

When it comes to refinancing student loans, SoFi offers the ability to refinance and consolidate both federal and private student loans into either a fixed or variable rate loan. SoFi offers fixed rates starting at 3.50% APR (with autopay) and 1.90% APR (with autopay)* with no application fees, origination fees or pre-payment penalties. The online application allows applicants to receive an instantaneous pre-approval in under 10 minutes and populates the rates that applicants are qualified for on each loan term offered - 5, 7, 10, 15 and 20 year terms.

To add to SoFi’s competitive rates, flexible loan terms and an easy application, SoFi provides member benefits that differentiate it from other lenders. All SoFi borrowers receive access to Unemployment Protection, Career Services, SoFi’s Entrepreneur Program and member events hosted across the country.  Not only is SoFi looking to provide a better solution to student loan debt repayment, SoFi strives to create a community that helps its members succeed in various areas of their professional careers.

Take a second look at your loans

Is refinancing right for you? For some borrowers, it’s a no-brainer. For others, it might be an option later on. The bottom line is that you can benefit from giving your loans a second glance every so often, because the rate you were given when you took out the loan isn’t necessarily the rate you’re stuck with for life.

For further information, please contact Sofi at www.sofi.com/Moneyanswers.

 

 

2 Comments

  1. Anita Frank  Nov 6, 2016

    HOW I GOT MY LOAN FROM THIS GREAT COMPANY Hello my dear people , I am Anita Frank, currently living in New jersey city, USA. I am a widow at the moment with three kids and i was stuck in a financial situation in April 2015 and i needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit ,do not full prey to those hoodlums at there that call them self money lender they are all scam , all they want is your money and you well not hear from them again they have done it to me twice before I met Mr. Wilson Edwards the most interesting part of it is that my loan was transfer to me within 74hours so I will advice you to contact Mr. Edwards if you are interested in getting loan and you are sure you can pay him back on time you can contact him via email……… (wilsonedwardsloancompany@gmail.com) No credit check, no co signer with just 2% interest rate and better repayment plans and schedule if you must contact any firm with reference to securing a loan without collateral then contact Mr. Wilson Edwards today for your loan They offer all kind of categories of loan they Short term loan (5_10years) Long term loan (20_40) Media term loan(10_20) They offer loan like Home loan............., Business loan........ Debt loan ....... Student loan..........,Business start up loan Business loan....... , Company loan.............. etc Email..........(wilsonedwardsloancompany@gmail.com ) When it comes to financial crisis and loan then Wilson Edwards loan financial is the place to go please just tell him I Mrs. Anita Frank direct you Good Luck.......................

  2. Kathryn Hailman Jan 24, 2016

    Jordan, Trying to use Money answers in the sofi search as you mention and it comes up as "they are losing their marbles" and choose another link. I heard you mention on wgn that they offer a lower rate if mention your name. Please let me know if still can be done.

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