Advice for consoladating school loans
We put together this guide to help you get information on all of the top student loan refinance lenders without having to jump around multiple websites.
After you are done, you will know how to refinance and consolidate student loans. Compare the Best Student Loan Refinance Rates Instantly view loan options from ,000 to 0,000 using our student loan refinance comparison tool.
So Fi offers borrowers both refinancing and consolidation services.
Borrowers can select the loans they would like to refinance or consolidate, So Fi pays them off, and then borrowers pay off a new loan issued from So Fi.
You will find all of the necessary information below.Before you start an application, you should know that most lenders require a minimum FICO credit score of 660, 40% maximum monthly debt-to-income, and ,000 in yearly gross income.The program launched at Stanford in 2011 and has quickly grown.Today, So Fi has expanded and now helps student debt borrowers to refinance student loans nationwide.Signing up for auto-pay is easy and So Fi’s customer service support staff can help you through the process if you run into any trouble. If interest rates do happen to rise, variable interest rates will be capped at 8.95% to 9.95% APR.There are no penalties for paying off your debt early but borrowers are expected to make payments on a monthly basis.
Today, the answer to that question is probably yes!