SoFi is a good option for borrowers interested in an online lender with low rates, no fees and plenty of repayment options. But it’s also a good fit for those who need to refinance high-interest federal or private student loans. … If you want those types of perks, SoFi could be a good fit for you.
Additionally, are student loan consolidation programs legitimate?
There is no-cost to apply to consolidate your federal loans. Any company that attempts to have you pay for this service is not legitimate. While some private companies may charge you to refinance your student loan debt, many do not — and those that do will charge any fees at closing, not during the application process.
Furthermore, is SoFi a legit company?
Is SoFi legit? SoFi is a legitimate money management business, even though it isn’t a bank. It offers customers multiple products and services to help them manage their money, including refinancing loans, consolidating debt, purchasing insurance and investment services.
Is Studentaid Gov a real site?
If you are asked for your credit card information while filling out the FAFSA form online, you are not at the official government site. Remember, the FAFSA site address has . gov in it!