Consumer reports consolidating student loans
Going back to its roots, South East Bank decided that a refinancing and consolidation product that was available to a broader market could help many of its student loan borrowers payoff their debt. The company offers variable rates as low as 2.49% and fixed rates as low as 3.09%.
At this time, ELFI offers 5, 7, 10, 15, and 20-year term length options.
By now you should know the basics behind student loan consolidation and refinancing.
Now, we would like to present unbiased descriptions of the 11 major student loan consolidation companies.
These are some of the lowest student loan refinance rates in the industry.
You can refinance from ,000 and up with ELFI, assuming you meet the credit requirements.
So Fi can complete the entire process from end to end in as little as a month. You’ve probably never heard of ELFI, and neither had we until recently.
ELFI was actually just launched by South East Bank in November of 2015 and provides student loan refinance options online.
Finally, So Fi has a great customer support team ready to help you with any problems that may arise! So Fi only accepts people who have graduated, have good jobs, and have solid income.
Typically, So Fi borrowers also have a great credit history and enough income to cover monthly expenses as well as student loan payments.
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Today, graduates are leaving campus holding a diploma in one hand and an average of $17,000 in debt in the other.