Consolidating student loan rates asia dating mall

Most of its clientele are graduate students and those with law school or medical degrees.

The average approved borrower has an income over 0,000.

So Fi’s success is tied to innovative services that start with putting the entire loan application process online and making it fast. It takes just a few minutes to fill out the application and even less time – usually about two minutes – to receive an answer on whether you’ve been approved.

One other feature that distinguishes So Fi is the pause button for customers who lose their job.

The form asks basic questions (name, social security number, date of birth, address, etc.); what loans you do and do not want to consolidate; and what repayment plan you will be using.

There also is a section detailing certifications, terms and conditions and borrower’s rights and responsibilities.

So Fi will put a hold on payments for three month stretches (up to a total of 12 months) and even help you go through the job hunting process.

Interest does accumulate on the loan while you’re looking for a new job, but no payments are expected. Though the minimum credit score to apply is 660, the typical So Fi customer has a credit score above 700.

consolidating student loan rates-88consolidating student loan rates-89consolidating student loan rates-76consolidating student loan rates-83

You will need your loan records and account statements.Still, some companies, like So Fi and Lend Key, have found a way to offer students a competitive rate and a variety of repayment conditions.These are private loans where credit score and other conditions are weighed in.Lend Key does a lot of the same things, only it uses a network of community banks and credit unions to fund the consolidation loan.Like So Fi, the application process for Lend Key is completely online and takes around 10 minutes with a response time of about three minutes.

Leave a Reply