SoFi refinances both federal and private student loans | Dedicated

Tough choice

Loan Be Gone

Ramen days were supposed to end after college, right? But many professionals are keeping their budgets tight because of weighty student loans payments.

One great way to cut down on that debt: refinancing. SoFi refinances both federal and private student loans, which reduces your interest rate in order to lower your monthly payment or shorten the term of your loan – and sometimes even both.

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

That’s a whole lot of ramen. Or, given your newfound financial freedom, that’s a whole lot of sushi.

SoFi’s benefits don’t end there. The startup, which just last week raised the largest financing round in FinTech to date, offers career support to members that can range from professional counseling to job placement assistance.

And 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 order the sashimi.)

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.