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Are you tired of paying a high interest rate on your student loan debt?
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Consolidation does not stop you from paying off your loan early or sending in extra money to reduce your loan balance.
Today, graduates are leaving campus holding a diploma in one hand, and an average of $17,000 in debt in the other.
If you began this process before July 2010 – when all federal loans started coming directly from the U. Department of Education – you may have borrowed through the Federal Family Education Loan Program. If you finished in four years, you could have ended up with as many as eight different loans from up to eight different banks.
Even if your loans are all from the Federal Direct Loan Program, it still pays to simplify them.
Plus, as a member, you’ll have access to a whole lot of perks: career strategy services, customer support seven days a week, invites to So Fi events, and more.
Get started by checking your rates online in just two minutes.
Your payments are reduced to reflect this lower payment.
What if you have the ability to pay off your loans earlier and can keep track of multiple lenders on your own?
We’ve got you covered with our Student Loan Smarts blog series.
Our expert tips and hacks will help you save money, pay off loans sooner and stress less about student loan debt.
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