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Negotiating Interest Rate With SOFI After Being Approved

Posted on 12/22/14 at 12:42 pm
Posted by williejameshuft
New Orleans
Member since Jul 2012
159 posts
Posted on 12/22/14 at 12:42 pm
I was recently approved for a 10-year refi loan with SOFI with a fixed rate at 6.5%, which is definitely better than the 7.9 I'm currently paying the feds. Before I accept, I'm wondering whether I should call to try and negotiate a better interest rate. I have a stable job and great credit and the 6.5 is at the high end of what they offer for 10-year loans. Does anyone have any experience negotiating interest rates with this company (or any other student loan refi lender)? If so, please share.

Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1968 posts
Posted on 12/22/14 at 1:35 pm to
What's your current term, and how far along are you into it?
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