What is the disadvantage of consolidating debt
So Fi is one of the leaders in the student loan refinance industry, and it offers refinancing specifically for Parent PLUS loans.Keep in mind some lenders, such as So Fi, Common Bond, and DRB, offer the option to transfer your PLUS loans to your child. It’s a great option to have if your child can handle making the payments.While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products."Advertiser Disclosure Friday, December 22, 2017 The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by any of these entities.Everyone wants to earn more interest on their savings.All credit inquiries made within a 30-day period count as one inquiry in the eyes of the credit bureaus.Thankfully, most student loan refinance programs and Parent PLUS refinance programs don’t have fees associated with the loan, so you don’t need to worry about paying origination or application fees.
This is why it’s a good idea to shop around for an online bank that offers higher interest rates on savings accounts.
We encourage you to check each one out to see which suit your needs the most.
You should shop around with each lender with whom you think you can qualify.
After all, it’s basically free money just for maintaining your account balance.
If you already have money saved up for emergencies or future planned expenses, it makes sense to try and earn some interest while your money sits there.