Your new loan typically has a lower interest rate, saving you money, or a lower monthly payment, making repayment more manageable.We’ve created this guide to help borrowers better understand the emerging student loan refinancing and consolidation industry.Unfortunately, our nation’s education system, politicians, and students haven’t figured out a solution.In short, when you refinance your student loans, your new lender will pay off your old loans and issue you a new one.
If you are interested in becoming an entrepreneur, So Fi will support you through its entrepreneurial program.
Entrepreneurial program benefits include delayed payments and mentorship from successful entrepreneurs.
In addition, So Fi charges no application, origination, or prepayment fees.
These are some of the lowest student loan refinance rates in the industry.
Members can choose from variable and fixed rates with term lengths of 5, 10, 15, and 20 years.