So Fi aims to revolutionize financial services- ultimately improving the system for everyone.Today, we’re able to offer significant savings and flexibility to US citizens or permanent residents who have graduated from a selection of Title IV accredited university or graduate programs, are employed, has a sufficient income from other sources, or hold a job offer with a start date within 90 days, have a responsible financial history, and a strong monthly cash flow.At the end of any deferment, the total loan balance will be reamortized over the remaining term of the loan. A Direct Consolidation Loan is a government program that allows you to combine multiple federal education loans into a single loan.
To check the rates and terms you qualify for, So Fi conducts a soft credit pull that will not affect your credit score.
However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull. Whether you previously consolidated federal loans through the government’s Direct or FFEL consolidation programs or you did a “consolidation loan” with a private lender, you can still apply to refinance the consolidated loan through So Fi just the way you could with any other federal or private loan.
Or, call us for a free consultation about your particular situation. If you are a permanent resident, you have more than 2 years until your status expires, or you have filed an extension.
Loan eligibility also depends on a number of additional factors, such as a responsible financial history, your income vs. Please review our Eligibility Criteria or call us for further details.
Federal loans do carry some special benefits, for example, public service forgiveness and economic hardship programs, that may not be accessible to you after you refinance.
Check out this blog post that provide more information: When to Consolidate Federal and Private Loans by Refinancing. citizen or permanent resident, and you must reside in one of our eligible states.We will notify you if you are pre-approved with a co-signer; from that point, you will be able to see your rates and select a loan.Once you have been presented with your offer, So Fi recommends that you discuss the rates and loan terms with your co-signer before proceeding with your application.Each month we work with our servicing partner Mohela to review the amortization schedule of each student loan to ensure it has been properly followed.If we find your loan payment may be significantly affected, the loan will be reamortized.Refer to https://com/To check the rates and terms you qualify for, So Fi conducts a soft credit pull that will not affect your credit score.However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull.Loan eligibility also depends on a number of additional factors, such as your financial history, your income sources and your employment.Please review our Eligibility Criteria or call us for further details.When you consolidate federal loans through the federal loan consolidation program, you’re combining multiple loans together with a resulting interest rate that’s the weighted average of your original loans’ rates.When you refinance loans with a private lender, you’re also consolidating (i.e.