Quick Take
As a student or post-graduate, you understand how important financial independence is for your future. This is where SoFi steps in by helping you realize your ambitions to be financially independent. You want your money to work for the life you live. Being bogged down in crippling student loan debt can make living challenging. At SoFi, they work to help you, a member, get your money right.
Key features
SoFi isn’t a bank. Unlike LendKey, SoFi does offer many of the products and services your typical financial institution would. They believe in putting their members first with many members-only benefits are provided at no cost. Some of which are:
- Financial planning
- Career Services/Coaching
- Referral Bonuses
- Member rate discounts
- Exclusive deals only for members
Is SoFi best for you?
SoFi is driven by four fundamental principles to help you become more comfortable with your money.
- Attack debt with a plan
- Always have a safety net
- Putting your money to work
- Saving for retirement and other goals
SoFi offers private student loans and refinancing with flexible repayment options to fit your budget. They also provide exclusive rate discounts for members, so becoming a part of the team has its benefits. In all transparency, they do mention that you should exhaust all federal loan options before taking out a private loan with them. SoFi reviews are positive, and they do list their terms and rates on their website and other articles to help you make the best decision you can regarding student loans.