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Student Loan Planner

The Best Student Loan Help for Six Figure Borrowers

Sofi Bonus, Auto Pay Disclosures, and Terms and Conditions

Sofi Bonus Offer Disclosure:

Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status and and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions.
 
SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers, or may become available, such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Financial Protection and Innovation under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)
 
APR disclosures:
 
Your existing student loan(s) must total a minimum of $5,000 to be eligible for refinancing. Minimum loan amount may be higher in specific states due to legal requirements. Fixed rates from 2.99% APR to 7.33% APR reflect the 0.25% autopay discount and depend on loan term selected, your credit, and other factors. Variable rates with the 0.25% autopay discount currently range from 2.25% APR to 6.88% APR. Interest rates on 5-, 7-, and 10-year terms are capped at 8.95% APR; 15- and 20-year terms are capped at 9.95% APR to the extent permitted under law. Interest rates on variable-rate loans vary based on loan term selected, your credit, and other factors. Variable-rate caps may be lower in some states due to legal requirements and may impact your eligibility to qualify for a SoFi loan.
 
SoFi rate ranges are current as of 2/8/2021 and are subject to change based on market conditions and borrower eligibility. Variable 2.25% APR (with autopay) assumes current index rate of 2.37% margin minus 0.25% ACH discount. Few applicants qualify for the lowest rate. To qualify for the lowest rate, you must have excellent credit and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, years of professional experience, income, and a variety of other factors. For the SoFi variable-rate product, the current index rate derived from the 1-month LIBOR may 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 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. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi.

Student Loan Planner Bonus Disclosure

For which may be offered in the future directly by Student Loan Planner, our company will send you bonuses via Giftly, which can also be redeemed as a deposit to your bank account or PayPal account. Upon disbursement of a qualifying loan, Student Loan Planner will send via email a gift card within 7 business days of the last day of the month in which the qualifying loan was disbursed.

For Student Loan Planner to send the gift card, the borrower must notify Student Loan Planner that a qualifying loan was refinanced through the site, as student loan refinancing companies do not share the names of borrower applicants. A borrower may contact Student Loan Planner to redeem a gift card under this program via email only, via help AT studentloanplanner DOT com, or any other studentloanplanner DOT com email that the borrower may be aware of. If a borrower does not claim a gift card within 6 months of a loan disbursement, the borrower forfeits their right to claim said gift card.

The amount of the bonus will depend on the total loan amount disbursed. A customer will only be eligible to receive the bonus one time.