That income requirement is lower than a lot of other
student loan refinance companies who tend to focus on refinancing the loans of high income professionals.
Today we want to show
you another student loan refinancing company who's -LSB-...]
Not exact matches
The
company's most recent innovation is in
student loan refinancing for borrowers
who want to lower their monthly payment and save on their long - term costs.
His
company is also planning to expand its products, beyond the
student loan refinancing that attracts young, well - educated professionals
who seem likely to earn much more money long - term — and
who will then want the mortgages, credit cards, and wealth - management services that banks once had a near - monopoly on offering.
Since many online
student loan refinance companies only offer
refinancing in a limited number of states, this also expands the pool of potential borrowers
who could benefit from ELFI
loans.
This is notable because many other
student loan refinance companies will lend to borrowers
who are still in school or
who have left school without obtaining a degree.
Both of these
companies are targeting borrowers
who are graduates with good credit history and income
who are eligible for
student loan refinancing.
Thus, this
company aims to meet the needs of the increasing number of
students who are having difficulty
refinancing their
loans due to a low credit score or inadequate income.
According to an article on Housing Wire, SoFi, an online personal finance
company that provides
student loan refinancing, mortgages, and personal
loans, was one of four advertisers
who bought discounted ads for overtime slots.
In late May, the
student loan refinancing company partnered with JetBlue to offer airline loyalty points to
student loan borrowers
who refinance with SoFi.