The average student graduates college with more than $30,000 dollars in student loans. Apply Now Borrowers don’t always realize that their loans are costing them more than they think. Interest is tacked on to the loan amount (i.e., principal) making the total cost of the loan greater. While there is no way to eliminate student … Read more
Upstart and SoFi both get a lot of press in the world of fintech. On the surface, the two appear more than a little similar. But if you’re looking for a way to refinance your student loans or obtain other credit services, there are some small differences that can make a big difference when it … Read more
SoFi, short for “Social Finance,” is an exciting new company based in Silicon Valley looking at new ways of tackling one of the biggest financial problems in the world today: student debt. Founded in 2011 by four alums from Stanford’s business school, the company helps people with good credit scores to refinance their student loan … Read more
If you went to college, especially if you went to grad school, you’re already waking up to the harsh world of student loan repayment. Millions of Americans have trouble leading fulfilling lives as they repay their student loans. This doesn’t just mean less money for a night out at the bar. It means less money … Read more
Student loans are a necessity for just about every college student these days, and unfortunately, many students don’t take advantage of great programs and incentives to save money on their college loans. There’s not a way to make loans just disappear, but there are plenty of ways to pay less on student loans. Some student … Read more
SoFi and DRB are two of the biggest names in the student loan world, and they handle millions of loans each year. There are a lot of similarities between the two companies, so you might think it’s just a matter of choosing one. But there are actually some big differences between the two that might … Read more
Today, seven out of ten college graduates have student loan debt, with an average of $30,100 per borrower. Many of those graduates would be wise to refinance their student loans. Interest rates on student loans vary by loan type and creditworthiness but refinancing at a lower interest rate can save thousands of dollars over the … Read more
If you’ve been making regular payments on your existing student loans, refinancing could be a good move. Refinancing may simplify your payments by consolidating your private and federal student loans into a single loan, give you a lower interest rate, reduce your monthly payment, help you pay off your loans faster, or let your cosigner … Read more