Consolidating private loans wells fargo mating and dating

11 Jul

While going to college is surely something to be proud of, and is a great investment in your future, most students and their families are unable to pay for it out-of-pocket.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 ,000!If you took out a loan to pay for college, you are probably paying too much, and could potentially save thousands through refinancing!There are two options for rates, which include a fixed interest rate that ranges from 3.375% APR to 6.740% APR.

This post is the result of extensive research into the best options and compares the 9 most common online consolidation and refinancing choices.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.The variable interest rate ranges from 2.59% to 8.38% APR.The fixed interest rate ranges from 4.74% to 8.24% APR.