Effects of consolidating student loans

07-Aug-2014 04:05 by 6 Comments

Effects of consolidating student loans - sex dating in burke texas

Below we've ranked the leading student loan refinancing companies. In just 15 minutes you might be able to save $20,000.

Borrowers can select the loans they would like to refinance or consolidate, then So Fi pays them off, and then the borrowers pays off a new loan issued from So Fi.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.There are advantages and disadvantages to both refinancing and consolidation.If the requirements above sound good, we think that you are a great applicant for student loan refinancing and consolidation.Each lender has its own specific underwriting criteria, so you may have a higher chance of approval at certain lenders.Our favorite, So Fi, aka Social Finance, has quickly positioned itself as the top student loan refinance lender on the market.

So Fi was founded by a group of Stanford business students who wanted to help their peers escape from student loan debt with lower interest rates.

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.

Student loan refinance rates can be as low as 2.21%.

Refinancing to lower rates can save some borrowers upwards of ,000 over the life of their loan!

The fixed rate loans start at 3.375% and have a maximum possible rate of 6.740%.