SoFi Student Loan Refinancing ($300 welcome bonus)
State Bar of Arizona members, family, and friends can receive a $300 welcome bonus* upon refinancing their student loans with SoFi, by visiting SoFi.com/AZBar. SoFi is the market leader of student loan refinancing and has originated $13+ billion in loans for over 200,000 borrowers. In order to receive the $300 welcome bonus*, applicants MUST apply through the SoFi.com/AZBar link.
SoFi Student Loan Refinancing Features:
- 5, 7, 10, 15, and 20 year terms
- Variable rates as low as 2.185% APR and fixed rates as low as 3.375% APR (with Autopay)
- No origination fees, application fees, or pre-payment penalties
- Fixed and variable rate options
- Consolidation of existing student loans (federal & private) into one monthly payment
- Autopay Discount of 0.25%
- $300 welcome bonus* upon refinancing through sofi.com/AZBar (members, friends, & family eligible)
Questions? For more information on SoFi, feel free to contact Michael Phillips and his dedicated customer service team at email@example.com or 855.456.7634. Be sure to mention you are part of the State Bar of Arizona partnership program.
*Payment of $300 will be issued electronically once you become a SoFi borrower; you have submitted a completed application with documents and your loan has been disbursed. Offer good for new customers only.
Disclaimer: SoFi loans are private loans and do not offer the same flexible repayment terms that are features of federal student loans. Federal loans offer forgiveness programs such as the Public Service Loan Forgiveness Program (PSLFP) and the Teacher Loan Forgiveness Program. If you work in either of these fields, you’ll want to see if one of these programs applies to you before refinancing your federal loans with SoFi.
Terms and conditions apply. SoFi reserves the right to modify or discontinue products and benefits at any time without notice. SoFi loans are private loans and SoFi does not offer the same flexible repayment terms that are features of federal student loans. Rates effective as of November 1, 2016. Fixed rates from 3.375% APR to 7.74% (with AutoPay). Variable rates from 2.185% APR to 6.00% (with AutoPay). Interest rates on variable rate loans are capped at either 9.25% or 10.25% depending on term of loan. Lowest variable rate of 2.185% APR assumes current 1 month LIBOR rate of 0.61% plus 1.70% margin. Not all borrowers receive the lowest rate. If approved for a loan, the fixed or variable interest rate offered will depend on your creditworthiness, and the term of the loan and other factors, and will be within the ranges of rates listed above. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. Eligible borrowers must be U.S. citizens or permanent residents and meet SoFi’s underwriting requirements. SoFi loans not offered to residents of Nevada. Other state restrictions may apply. See eligibility requirements at sofi.com/eligibility. SoFi loans are originated by SoFi Lending Corp (dba SoFi) California Finance Lender #6054612. NMLS #1121636.