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Refinance your federal or private student loans to get a lower interest rate, lower monthly payment or both. SoFi also offers private student loans for undergrads, graduate students and parents.
Investments: SoFi users can trade stocks, exchange-traded funds (ETFs), and more directly within the SoFi app with no commissions. Student loan refinancing: SoFi’s student loan refinancing loans ...
Key takeaways. Student loan refinancing could help you get out of debt sooner and reduce your monthly payments, making it a smart option to consider for many student loan borrowers.
SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.
A few banks still refinance student loans, ... and carefully review the loan terms and paperwork. Student loan refinancing involves applying for a new loan to repay your current student loans ...
Refinancing student loans can potentially save you money in the long run by securing a lower interest rate. ... When you apply for a refinance loan, the lender will do an in-depth review of your ...
The student loan moratorium has weighed on SoFi stock for nearly two years. ... payments again and some may look to extend the duration of their loans through SoFi's student loan refinance product ...
More than a decade ago, SoFi began as a specialty lender for student loan borrowers in need of refinancing. It has since grown to offer a range of other financial products from other types of ...
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