Consolidating federal and private student loans
The program launched at Stanford in 2011 and has quickly grown.Today, So Fi has expanded and now helps student debt borrowers to refinance student loans nationwide.Today, graduates are leaving campus holding a diploma in one hand and an average of ,000 in debt in the other.In America, student debt is the second largest form of consumer debt.Instantly view loan options from ,000 to 0,000 using our student loan refinance comparison tool.Easily select your loan type, educational level, and loan amount to compare loan companies that meet your selected criteria.There are many different benefits and drawbacks of what each student loan consolidation and refinancing lender offers, and it is important to be aware of all of them.
At Lend EDU, we help borrowers compare the top student loan companies in one place.We put together this guide to help you get information on all of the top student loan refinance lenders without having to jump around multiple websites.After you are done, you will know how to refinance and consolidate student loans. Compare the Best Student Loan Refinance Rates Instantly view loan options from ,000 to 0,000 using our student loan refinance comparison tool.I contacted student loan guru Mark Kantrowitz at Fin Aid.org, who says just three lenders still offer consolidation: Chase, Student Loan Network, and Wells Fargo. You should also know that there are no fixed rates on consolidated private loans; your interest rate will probably be tied to a benchmark like the prime rate, so when that rises, so will the rate on your loan.Finally, if you have a solid job and a solid credit score, think about looking into a personal loan at a bank or credit union.