The company boasts its desire to help its customers by offering zero fees, better interest rates, and unmatched customer service.The company has a mission to help others achieve all of their financial goals.If you choose to consolidate or refinance your loans with So Fi, you will also receive additional benefits such as unemployment protection, career counseling, and support every day of the week when you need it.
There are two options for rates, which include a fixed interest rate that ranges from 3.375% APR to 6.740% APR.
The variable interest rate option ranges from 2.565% APR to 6.490% APR.
If any of the information gets out of date or is incorrect let me know and I will update it!
Yes, according to FICO, all applications made in the previous 30 days does not impact your credit score and having a group of applications on your credit history gets grouped to minimize impact. So Fi is one of the largest student loan refinancing companies and has quickly risen to the top over the past few years.
When consolidating and refinancing your student loan, you have the option of a 5, 10, 15, or 20-year repayment term.
Citizens Bank states that they save their customers, on average, 0 per month when they refinance their loans.Nowadays, 7 out of 10 college graduates have student debt and the average has over ,000!If you took out a loan to pay for college, you are probably paying too much, and could potentially save thousands through refinancing!By lowering your interest rate, less additional money will be added to your total balance each month, ultimately saving you money!Most lenders also allow you to refinance and consolidate multiple loans into one, making repayment much more manageable.So Fi boasts flexible and low rates and repayment terms for your student loan consolidation and refinancing.