SoFi Blog

Tips and news—
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Going From $54k in Debt to Saving for a Wedding and House: An Interview with SoFi Member Deanna Krinn

Name: Deanna Krinn

Age: 29

Locale: Bloomington, IN

Alma Mater: Indiana University

By Day: Project Manager at Indiana University Communications

SoFi Member Since: 2015

Approximate SoFi Loan: $54,000, Combined Personal and Student Loan Refi

SoFi Savings: ~$500/month

Deanna Krinn is the first in her family to put herself through college, which she knew would be challenging when relying solely on scholarships and loans.

As a result of having to move to attend college, Deanna maxed out her first credit card, charging $2,000 on it in just a few months after arriving at Indiana University. Despite working three jobs to cover her expenses while in school, her total credit card debt grew to over $16,000, and she was forced to take out a personal loan to keep up with payments.

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#SoFiStartups: From Failure to 1,000+ B2B Customers in 1 Year

Chiara McPhee and Jen Kessler are great friends and the owners of San Francisco-based Bizzy, a startup offering a state-of-the-art email marketing platform for ecommerce businesses in varied industries and stages. They each refinanced student loans with SoFi, and they’re members of our Entrepreneur Program, which not only allowed them to defer their student loan payments for up to 6 months, but also provides access to valuable mentors and investors. Read about how they grew their friendship into a business and made it past a near-crippling initial failure to success.

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