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By now you should know the basics behind student loan consolidation and refinancing.Now, we would like to present unbiased descriptions of the 11 major student loan consolidation companies.So, if you are looking for a 25-year term length you will need to look elsewhere.You can refinance from ,000 and up with ELFI, assuming you meet the credit requirements.After you’ve been pre-approved online, you will be asked to select your new loan options.Then, you will be required to upload supporting documents so that So Fi can verify your income and education.To date, So Fi has been able to help thousands of student loan borrowers lower their monthly payments and total loan cost.Since a group of Stanford Business students founded the company in 2011, So Fi has refinanced over billion in outstanding debt, and on average its members save about ,000!

At this time, ELFI offers 5, 7, 10, 15, and 20-year term length options.For more information about any one of these student loan refinancing lenders, look for the link to our full review and analysis of the companies.As we mentioned earlier in the article, So Fi is the leading to refinance student loans with.South East Bank has a long history in the student loan industry.Throughout the company’s history, it has helped over one million families secure financing for higher education.

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