SoFi refinances both federal and private student loans | Dedicated

Don't be weighed down.

Debt Be Gone

It’s no secret that New York isn’t the most pocket-friendly place to live. Rents run astronomical and bar tabs resemble down payments – and then there’s that looming specter of student loan debt.

Fortunately, SoFi refinances both federal and private student loans, reducing your interest rate in order to lower your monthly payment or shorten the term of your loan – and often both.

And get this: SoFi members save an average of $14,000 by refinancing.

SoFi’s benefits don’t end there. The startup offers career support to members that can range from professional counseling to job placement assistance.

If you use the links provided in this article, you’ll receive a $250 welcome bonus after refinancing your student loans, straight from SoFi. Their whole process is online – you can find your rate in just 10 minutes here.

Now go forth (and be free to enjoy the city).

SoFi Lending Corp. NMLS # 1121636. Terms and conditions apply. See SoFi.com for details.Federal student loans offer certain benefits and protections that do not transfer to private lenders through the refinance process, such as graduated, extended and income-driven repayment plans, forgiveness programs and deferment and forbearance (although some private lenders do offer the latter). Before refinancing federal loans, consider whether these benefits are important to you.