re: Student loan consolidation

quote:

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Does anyone know if SoFi offers deferment? I'm 2.5 years out and am considering going back to get a MBA in the next 2 years, at which point I'd like to put my undergrad loans on deferment.

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i thought they did, but i would call to make sure. their customer service reps are pretty helpful. i refi'd with sofi and it was a great experience. my rate was roughly half of my average among my numerous federal loans. as someone already said, your credit is a big factor with them. a rep told me that your salary and other debts is probably their biggest determinant on interest rates.

you will get a new 10 year term. i thought of this as a benefit. i continued to pay what i was paying down before (about double my new minimum payment), but i had the flexibility to reduce my payment if an emergency occurred and needed the cash.