Consolidating private student loans blog
Consolidating private student loans blog - Condition cam4
Given that interest rates are at an all-time low, you should think carefully before signing up for a variable interest rate.If you can pay off your loan in a short period of time, you could save a lot of money.
However, they have strict credit criteria and target people with good jobs, good income, a proven ability to manage a budget and good credit history.It occasionally accepts co-signers – you must call to review your situation with a representative.However, there’s no co-signer release if you move forward with one on your loan.So Fi will refinance both private and federal student loans.However, if you refinance a federal loan you will give up all federal protections and programs, including income-based repayment programs.(They have just launched mortgages, and we will be updating this post later with a review of that product).
For each, we will discuss: So Fi has just reduced the minimum loan amount.
It’s good to note So Fi accepts screenshots from your PC and pictures taken from a phone, so if you don’t have access to a scanner, there’s no need to worry.
If you’re ready to get started, you can apply for a refinance and check your rate by clicking the button below.
So Fi is unique among private lenders because it offer unemployment insurance, free of charge.
If you lose your job for no fault of your own (you can’t quit), So Fi will suspend your monthly payments until you find a new job. The interest that accrues during this period would be added to the loan.
So Fi is an online loan company that offers student loan refinancing options, mortgages and personal loans.