SoFi has many competitors when it comes to student loan refinancing. These include Earnest, ELFI, and Citizens Bank.
Navient services federal direct loans and private student loans. It recently expanded into student loan refinancing through NaviRefi after acquiring Earnest. Navient has also been the focus of various consumer complaints and lawsuits in recent years.
Both SoFi and CommonBond offer student loan refinancing services, and the two share many benefits, including competitive rates. This SoFi vs. CommonBond comparison will offer insight into when one lender may be better than the other.
SoFi offers some of the best deals in student loan refinancing and will be a great choice for most borrowers, though Earnest’s willingness to look at more than credit scores can make its loans more accessible to borrowers with lower credit scores.
Peer-to-peer lending is a relatively new way for consumers to borrow and invest money. These types of lending platforms remove the barrier of the traditional financial institution from the lending process and directly match borrowers with investors. Prosper was the first peer-to-peer lender in the United States. Founded in 2006, Prosper has helped over 800,000 […]
Bank of America stopped issuing new student loans. Find out what that means for borrowers who previously took out loans through the company and find alternative lenders who you can either refinance with or apply to take out new loans through.
A home equity loan can be one way to access cash for home improvements, vacation, debt consolidation, or any other financial need you may face. Your home equity loan allows you to borrow against the equity in your home and pay it back over a long period of time. If you need to take out a small home equity loan, continue below […]
The face of American higher education is changing. More than 1 million foreign students are currently enrolled in U.S. colleges and universities and that number is only growing. However, some of these immigrants may not be naturalized citizens or lawful permanent residents. So, their financial aid options are limited. Of the 43.7 million immigrants living in the [&hellip