SoFi Blog

Tips and news—
for your financial moves.

Election Watch 2016: Millennial Money Edition

Millennials are positioned to make a big impact in this year’s presidential election—if they turn out to vote.

  • Young voters were a key factor in the election of Barack ObamaObama won 66 percent of the under-30 vote in 2008 and 60 percent in 2012.
  • Young voter turnout increased substantially in the last two elections. About half of eligible voters aged 18-29 voted in the 2008 and 2012 presidential elections, compared to less than 40% of voters that age during the 1990s.
  • Young voters have the numbers to make a difference. For the first time, the millennial voting population equals that of baby boomers.

Today’s 20- and 30-somethings are facing unprecedented financial challenges, like unemployment, stagnant wages, and student loan debt. This year’s election is a huge opportunity for young voters to make their voices heard. The presidential candidates are talking (a lot) about finances and the economy, and our next president’s actions will likely have a big impact on everyone’s financial future.

Check out our guide below to the 2016 presidential candidates and their stances on the issues that impact young professionals’ financial health.

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Davis Polk Personal

Take a vacation from high interest rates.

Personal Loan fixed rates start at 7.74% APR (with AutoPay)5.

Find My Rate

Checking your rate will not affect your credit score.

Welcome Davis Polk Attorneys & Staff

Get $200 when your loan is disbursed by applying through this page.

Are you paying more than 11% interest on your credit cards? A SoFi Personal Loan could help you save thousands. With a low fixed rate and monthly payment, you can pay off high interest debt, like credit cards, or make a major purchase. It only takes minutes to apply.

Why SoFi?

Serious
Savings

Borrow from $5k-$100k at fixed rates that range from 7.74% APR to 35.49% APR (with all discounts)5, 7

No Fees.
No Catch.

No origination fees or pre-payment penalties. What you see is what you get.

Exclusive
Rates

Get a 0.125% rate discount✝︎✝︎ on an additional SoFi loan—just for being a member.

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Questions? Call us for a free consultation at 855-456-7634

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Paid Search – Student Loan Refinancing – Monthly Savings

Refinance Student Loans

Make your student debt
go away faster.

Fixed rates start at 4.24% and variable rates start
as low as 5.99% APR, when you enroll in AutoPay1.

Find My Rate

Checking your rate will not affect your credit score1.

FIND YOUR RATE IN TWO MINUTES

It’s easier than you think to refinance and consolidate your federal and private student loans. There’s no commitment necessary to check your personalized rates. Borrowers who refinance their student loans can save up to $15,7672 over the life of the loan. When you are ready, you can apply online from any computer or mobile device. We work with any bank and our customer service team is here for you 7 days a week.

Rates and Terms

We offer a range of options so you can optimize your monthly payments, lifetime cost, or speed of pay off. Choose the plan that fits your needs.

Variable Rate

Rates start from 5.99% APR to
9.99% APR (with AutoPay).1

Fixed Rate

Rates available from 4.24% APR to
9.99% APR (with AutoPay).1

Find My Rate

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Why SoFi?

Serious
Savings

Low fixed and variable rates. No application or origination fees. Average member savings: $15,7672.

Federal + Private

SoFi is one of few lenders that can consolidate and refinance both federal and private loans (in a snap).

Exclusive
Rates

Get a 0.125% rate discount✝✝ on an additional SoFi loan—just for being a member

Unemployment
Protection3

If the unexpected happens, we’ll temporarily pause your loan payments and help you in your job search.

Career
Support

Our coaches will help you advance in your career, build a personal brand, negotiate your salary, and more.

Wealth
Advisors

Finances and investments can be confusing. Our Wealth advisors are here to help you make sense of it all.

Find My Rate

Get Refinanced in Three Easy Steps

If you have questions, our friendly customer support team is standing by to help you through the process—seven days a week.

Online Pre-Approval

Our quick pre-approval process lets you know if you qualify before you complete the full application.

Select a Loan

Compare the plans available to you with specific payments, rates, and terms.

Upload & Sign

Easily upload documents via screenshots or smartphone photos, then sign your paperwork electronically.


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