Student Loan Refinance Affiliates – Nerdwallet
Refinance Student Loans
Save thousands
on your student loans.
Checking your rate will not affect your credit score✝.
SoFi is a leading student loan refinancing provider.
in refinanced student loans
members who’ve refinanced
Pick the loan that works for you.
Save on your student loans by choosing between a range of rates and terms. No prepayment penalties and no hidden fees. Ever.
Investing in people who invest in themselves.
Accelerate your
career
Take your career to the next level with expert guidance from SoFi Career Coaches.
Experience the
SoFi community
Our member events range from dinners and happy hours to panel sessions and networking opportunities.
Get exclusive member
rate discounts
Get a 0.125% rate discount on additional SoFi loans—just for being a member.✝✝
How it works:
The student loan refinancing process is fast, easy, and can be done entirely online.
New Term
APR
5-year
4.03%
7-year
4.57%
10-year
4.98%
View Payment Examples
SoFi offers a range of terms and rates—so yours are going to look different from this illustrative chart, which is just something designed to show you what the SoFi app looks like.
Get pre-approved online in just two minutes.
We’ll let you know if you’re qualified before you finish the full application.
Select your rate and term.
Choose between saving on your monthly payment or saving on total student loan interest.
Verify your info and sign.
Upload screenshots of your information, then sign your paperwork electronically.
Switch to one low-rate monthly payment.
We pay off your servicer(s) and issue you one new student loan.
It takes only two minutes and
won’t affect your credit score.✝
SoFi in the news
Get started
in minutes.
Speed matters. Which is why you can check loan rates or start investing online—in just minutes.
Medical Resident Refinance – Student Loan Hero
Medical & dental resident student loan refinancing
Don’t let student debt slow you down.
$100 monthly payments. Low rates.
No compounding interest during residency.1
Checking your rate will not affect your credit score.✝
Why refinance your student loans in residency?
One easy payment
If you have federal and private student loans, you can apply to consolidate them into one easy payment.
No compounding interest
Interest on your SoFi loan will not compound during residency. Plus, you can reduce your payment to just $100/month for up to four years.1
See payment examples.
Flexible rates and terms
Choose a repayment term and pick between a low fixed or variable interest rate based on your expected future income as a physician.
Choose from low fixed or variable rates.
Not sure which to choose?
Learn more. →
How it works
Get pre-qualified online.
We’ll let you know if you’re qualified before you complete the full application.
Select your rate and term.
Compare the plans available to you with a choice of rates and terms.
Verify your info and sign.
Upload screenshots of your student loan statements, then sign your paperwork electronically.
FAQs
Find your rate in just two minutes.
Read more
California AB-5 Law Dictates Gig Economy Workers Must Be Treated as Employees
The gig economy has been on the rise for a while now, altering the way people find and perform an increasing number of jobs—from ride-sharing to delivering groceries to consulting on high-level projects.
And as the app-based and online technology that simplifies those transactions evolves—matching workers with the businesses and consumers who need their services—the trend is expected to continue.
But there have been growing pains. Some gig workers and their supporters have raised questions about basic protections and benefits they’ve lost out on because they’re considered independent contractors instead of employees, including overtime pay, paid sick days, and worker’s compensation insurance.
Others say the flexibility many independent workers enjoy can translate to job volatility for those who participate in what the US Bureau of Labor Statistics calls “electronically mediated employment ,” especially those who drive for a living.
Now it seems their voices were heard, at least in California, where a groundbreaking law signed by Governor Gavin Newsom in September went into effect January 1, 2020. The law is expected to change the way employers treat certain nontraditional workers, but it has seen a lot of push back from companies.
Read more
Impacts of Wednesday’s Democratic Party Presidential Debate
In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws and more.
Please note: SoFi does not endorse or take official positions on any candidates and the bills they may be sponsoring or proposing. We may occasionally support legislation that we believe would be beneficial to our members, and will make sure to call it out when we do. Our reporting otherwise is for informational purposes only, and shouldn’t be construed as an endorsement.
The ninth Democratic party primary debate took place in Las Vegas Wednesday night, giving six candidates the chance to speak before the Nevada Democratic caucus on Saturday, February 22nd.
Primary elections had already occurred in Iowa and New Hampshire. The Associated Press was unable to declare an official winner in Iowa, but Bernie Sanders and Pete Buttigieg split the delegates, with Sanders taking the popular vote. Sanders won the New Hampshire primary election, making him the frontrunner before Wednesday’s debate.
Read moreWealth Management Affiliate
Automated Investing
Hands-off investing that’s always on.
You don’t have to follow the market to master it. With automated investing we’ll build and manage a portfolio for you without charging a management fee.
It’s easier than ever to put your
money on a mission.
We take the stress out of investing by helping you with the hard part:
goal setting, rebalancing, and diversifying your money.
Goal planning
Whether you’re saving for retirement, a down payment, or just investing for later, we’ll help you make a plan to tackle multiple goals.
Auto rebalancing
We’ll rebalance your investments, which means adjusting your stock and bond funds on a quarterly basis, so your money is always invested how you want it to be.
Diversification*
Risk is real. That’s why we’ll diversify your portfolio so that your money is allocated across different kinds of financial investments.
The right way to invest? It’s up to you.
Everyone has different goals when it comes to their life, their money, and their investment plans. Click
below to explore some common financial goals and example investment strategies to achieve them.
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Take the trip of a lifetime
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Buy a home
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Pay for a wedding
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Retire early
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Save for kids’ education
Wedding
Buy a home
Trip of a lifetime
Retiring early
Kids’ college education
Time is your
best friend.
Compound interest is basically “interest on interest” and it’s how your money can make money. Time is the magic ingredient—which is why the earlier you start investing your money, the better. That way you can ride the ups and down of the market over time towards your goals.
We’re here
if you need it.
Investing with SoFi gets you access to member benefits like career services, rate discounts on other SoFi products, exclusive events and experiences, as well as access to financial advisors to discuss big picture financial goals one-on-one—all at no cost.
Get started with
no minimums.
Investing is for anyone that can afford to do it—which is why you
can start with as little as $1. Make a one-time investment today, or
set-up a recurring payment if that works better for you.
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