Start Does consolidating student loans help credit score

Does consolidating student loans help credit score

In fact, they offer a variety of plans to help meet your needs. One of the benefits of the program is that you will NOT incur any prepayment penalty fees and there are absolutely no origination fees.

There are many different benefits to choosing and working with So Fi to refinance your 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.

If you’ve got mountains of debt piling up, it can be all-too-easy to throw your hands in the air and turn a blind eye to burgeoning balances.

But, remember, ignoring your debts won’t make them go away and, moreover, there are ways to get out of the red.

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The variable interest rate option ranges from 2.565% APR to 6.490% APR.

The repayment term length will vary depending on your needs; however, So Fi offers 5-year to 20-year plans for both the fixed and variable interest rate.

After all scholarships and grants have been exhausted, the next option is student loans.

Nowadays, 7 out of 10 college graduates have student debt and the average has over $35,000!

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.