By Janet Fields, Director of Business Development, SoFi
Financial hardship due to COVID-19 can be stressful. That’s why AACS has partnered with SoFi to offer AACS members access to personal loans, student loan financing, educational content, and exclusive perks as one of our member benefits. You can learn more at SoFi.com/AACS.
Personal Loans
The SoFi Personal Loan is designed to help you borrow money for any kind of personal use such as paying off credit card debt, investing in home improvements, or paying for an unexpected expense. Unlike many credit cards, SoFi Personal Loans have competitive interest rates that can save you money. Additionally, a SoFi Personal loan can be a great alternative to a 401(k) loan which can negatively impact your retirement savings. For more information and to qualify for a $100 welcome bonus when you take out a loan, please visit SoFi.com/AACS.
Student Loan Refinancing
As you may know, in light of COVID-19, the CARES Act temporarily waived interest and suspended obligations to make payments on federally-held student loans until September 30, 2020.* However, refinancing privately held student loans can help those with student debt save money on total interest, make lower monthly payments, or shorten the duration of your loans. You can refinance privately held student loans into a single loan with one monthly payment as well as offer low fixed or variable rates with flexible loan term options (5-20 years). SoFi also helps residents refinance their loans with a low minimum of $100/month.
If you’re looking for more information about how the CARES Act affects your student loans or how to qualify for a 0.25% rate discount when you refinance a new loan, please visit SoFi.com/AACS.
Need more information? Reach out to SoFi to discuss your options:
Phone: 833.277.7634 | Email: moc.ifos@rentrap
*NOTE: Due to recent events, including changes to federally held loans that temporarily waive interest and suspend obligation to make payments during the COVID-19 crisis, SoFi recommends that anyone with federal student loan debt carefully review current and potential future benefits on their federal loans before refinancing. When refinancing loans with SoFi, any current and potential future benefits of your federal loans are waived, including temporary waiver of payments that the federal government will provide to federal student loan borrowers, and are replaced with the benefits of a SoFi Student Loan Refinance.
Learn more about AACS’s member benefits, including our partnerships that benefit your practice.