Sentences with phrase «average member lifetime»

** Member Lifetime Savings — Average member lifetime savings calculation of $ 22,359 is based on all SoFi members who refinanced their student loans between 8/16/2012 and 6/30/2016.

Not exact matches

As of October 25, 2010: - Total Active Profiles in Database (logged in last 12 months): 75,003 - Total Active Premium Members (Paid): 3,981 - Total Active Premium Members (non-Paid, promotional): 20,535 - Total Introductory Members (Free): 50,487 - Total Net Signups / Paid Subscriptions To Date: 9,516 - Total CURRENT Active Auto - Renewal Forecast (12 Month Forecast): $ 315,097.80 - Average Lifetime Revenue (based on 3 year historical period) t: $ 94.30 - Signup Mapped Conversion Ratio (free / paid): 10.53 %

SoFi's average savings methodology for student loan refinancing excludes refinancings in which 1) members elect SoFi loans with longer maturity than their existing student loans, as these borrowers typically forfeit lifetime savings for lower monthly payments; 2) the term length of the member's original student loan (s) is greater is than 30 years; and 3) the member did not provide correct or complete information regarding his or her outstanding balance, loan type, APR, or current monthly payment.

SoFi excludes the above refinancings in an effort to maximize transparency on how we calculate our average lifetime savings amount and to minimize the risk of member data error skewing the average lifetime savings amount.