By lowering your interest rate, less additional money will be added to your total balance each month, ultimately saving you money!
Most lenders also allow you to refinance and consolidate multiple loans into one, making repayment much more manageable.
Let’s take a quick look at the most important factors to keep in mind:· Variable interest rate between 2.565% and 6.490% APR· Fixed interest rate between 3.375% and 6.740% APR· 5, 7, 10, 15, and 20-year pay off terms· Unemployment protection· Online application process· Consolidate both federal and private loans Citizens Bank offers multiple rates and repayment terms to ensure that there is an option that meets your needs.
The company offers both fixed and variable interest rates.
In addition, So Fi also offers unemployment protection, which will come in handy when you lose your job.
If your job is lost, So Fi will suspend your payments temporarily to help you get back on your feet and start earning an income once again.
Nowadays, 7 out of 10 college graduates have student debt and the average has over ,000!
If you took out a loan to pay for college, you are probably paying too much, and could potentially save thousands through refinancing!
After all scholarships and grants have been exhausted, the next option is student loans.
In fact, you will find that you can easily and quickly apply over the Internet with an approval in as little as 15 minutes.
So Fi allows you to consolidate both your private and federal student loans and the company helps members save roughly ,000 or so over the course of their loan.
The company boasts its desire to help its customers by offering zero fees, better interest rates, and unmatched customer service.
The company has a mission to help others achieve all of their financial goals.