Founded in 2011 and headquartered in San Francisco, So Fi is an award-winning marketplace lender offering fixed- and variable-rate student-loan refinancing.
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Whether you choose a fixed or variable rate, it's always important to remember to pick a loan that is right for you and your particular financial situation.
Remember that interest rates could rise higher than the past highs.
For example, if the borrower rehabilitates the loan by making satisfactory repayment arrangements through his/her loan servicer, he/she may be eligible to consolidate the loans.
Also, borrowers may rehabilitate defaulted loans by consolidating them and agreeing to repay them in the income-based repayment plan.
It seems that a lot of companies are advertising on TV and other places that they can “help you consolidate or get rid of your student loans”. That help comes at a cost – and it's a cost that you don't need to pay to get help with your student loans.
While these companies aren't necessarily student loan scams, they are taking advantage of you because they are making you pay for something you don't need.
I enjoyed the one-on-one feedback and assistance from all the loan counselors.