dating drought - Consolidating private student loans obama

If you don’t meet the requirements of a certain lender, a creditworthy cosigner can increase your approval odds and help you receive a lower interest rate.

In this guide: Each student loan refinance lender has its own specific underwriting criteria, so your approval odds may be higher at one lender than another.

consolidating private student loans obama-67

All of the banks and lenders below allow borrowers to refinance student loans, as well as consolidate them during the process.

(Note: When mentioning student loan refinancing throughout this guide, it is implied that consolidation can be a part of the same process.) Both private and federal student loans can be refinanced with a private lender.

Fixed interest rates range from 3.89%-9.99% (3.89%-9.99% APR) based on applicable terms, level of degree earned and presence of a co-signer.

Lowest rates shown are for eligible, creditworthy applicants with a graduate level degree, require a 5-year repayment term and include our Loyalty discount and Automatic Payment discounts of 0.25 percentage points each, as outlined in the Loyalty and Automatic Payment Discount disclosures.

After seeing your rates, 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 inquiry.

Hard credit inquiries (or hard credit pulls) are required for So Fi to be able to issue you a loan.Our research, news, ratings, and assessments are scrutinized using strict editorial integrity.Our editorial staff does not receive direction from advertisers on our website or our Partnerships Team.Our company may receive compensation from partners seen on our website. Deciding where to refinance your student loans can be difficult.We help borrowers compare the best refinance and consolidation companies in one place.APRs for variable rate loans may increase after origination if the LIBOR index increases.

Tags: , ,