Consolidating loan private
In addition to requiring your explicit permission, these credit pulls may impact your credit score. If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.Variable rate, based on the one-month London Interbank Offered Rate ("LIBOR") published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month.The borrower will be presented with an Application Disclosure and an Approval Disclosure within the application process before they accept the terms and conditions of their loan.The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower or their co-signer (if applicable) has a qualifying account in existence with us at the time the borrower and their co-signer (if applicable) have submitted a completed application authorizing us to review their credit request for the loan.
Hard credit inquiries (or hard credit pulls) are required for So Fi to be able to issue you a loan.
If you have a cosigner on a private student loan, you can refinance it without keeping them on the loan if you are eligible.
Here are Lend EDU’s picks for the 8 best student loan refinancing and consolidation companies: Offered terms are subject to change.
Variable rates from 2.570% APR to 6.980% APR (with Auto Pay).
Interest rates on variable rate loans are capped at either 8.95% or 9.95% depending on term of loan.