Neighborhood Credit Union offers great personal loan options when you need to borrow money.
We offer Signature loans, Line of Credit loans, Share Secured loans, Savings Builder loans, Debt Consolidation loans, and more.
One other feature that distinguishes So Fi is the pause button for customers who lose their job.
So Fi will put a hold on payments for three month stretches (up to a total of 12 months) and even help you go through the job hunting process.
Interest does accumulate on the loan while you’re looking for a new job, but no payments are expected. Though the minimum credit score to apply is 660, the typical So Fi customer has a credit score above 700.
Most of its clientele are graduate students and those with law school or medical degrees.
There are no fees associated with the Direct Consolidation Loan process. Your student loan servicer should be able to answer any questions you have about student loan debt consolidation.
Most of them could streamline the repayment process by consolidating their student loans. Get Financial Help Now It simplifies repayment and could save you money.
The form asks basic questions (name, social security number, date of birth, address, etc.); what loans you do and do not want to consolidate; and what repayment plan you will be using.
There also is a section detailing certifications, terms and conditions and borrower’s rights and responsibilities.
The best way to improve your credit score is to make on-time monthly payments, and student loan consolidation can assist in that.
Consolidation makes your student loans more manageable and easier to track by combining payments into one lower monthly bill.