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First, they boast that the average member savings is more than ,000 on a student loan refinance.
The company can help you with both federal and private student loans, and it provides career strategy services.
Depending on the type of student loan you have and your ability to meet your monthly payments, you may want to consider refinancing the loan.
With a student loan refinance, you take out a new loan to pay off the old one and then benefit from new interest rates or terms.
You can also pick loan terms anywhere between five and 15 years and may refinance anything amount between ,000 and 0,000.However, you can still apply for a student loan refinance entirely online and get a rate quote in less than two minutes. You can save 0.25% if you or your co-signer already has an eligible account with Citizens Bank, and you can save another 0.25% by enrolling in autopay.Another perk is that you can refinance your student loans if you didn’t graduate from college, which isn’t allowed by many lenders.Offering to refinance on private, federal, and Parent PLUS loans, Purefy works with loans in the range of ,500 to 0,000.The average credit score is 770 and you’ll need to have worked for at least two years to qualify.
The lender is completely online and once your refinanced loan begins, you’ll make your payments to Navient, a student loan servicer.