Consolidating federal and private student loans Cam 4 f xxx
How did So Fi cement itself as the leader in the industry? As of this writing, So Fi currently offers refinancing rates as low as 2.58% for variable rates and 3.25% for fixed rates.The rates cap out at 7.07% and 7.24%, respectively.After you’ve been pre-approved online, you will be asked to select your new loan options.Then, you will be required to upload supporting documents so that So Fi can verify your income and education.Going back to its roots, South East Bank decided that a refinancing and consolidation product that was available to a broader market could help many of its student loan borrowers payoff their debt. The company offers variable rates as low as 2.69% and fixed rates as low as 3.09%.At this time, ELFI offers 5, 7, 10, 15, and 20-year term length options.
Since a group of Stanford Business students founded the company in 2011, So Fi has refinanced over billion in outstanding debt, and on average its members save about ,000!Today, graduates are leaving campus holding a diploma in one hand and an average of ,000 in debt in the other.In America, student debt is the second largest form of consumer debt.Finally, So Fi has a great customer support team ready to help you with any problems that may arise! So Fi only accepts people who have graduated, have good jobs, and have solid income.
Typically, So Fi borrowers also have a great credit history and enough income to cover monthly expenses as well as student loan payments.
Entrepreneurial program benefits include delayed payments and mentorship from successful entrepreneurs.