Graduated college last May and have been working full time now pushing 8 months. I started my loan payments in December with Sallie Mae and have been paying $1100 each month and have not missed any payments. I have a balance of about 68k right now and originally tried to refinance with sofi but got denied. My credit score is 758 and now have some payment history, is it worth trying to refinance again or are there better options to secure a lower rate and payment?
Refinance student loans
byu/Mediocre_Recording17 inStudentLoans
Posted by Mediocre_Recording17
3 Comments
You generally need 12 months of payments to successfully refinance.
Ditto on the comment about needing a few more months of payments, but it’s also worth reaching out to SoFi to see if they have any feedback!
> with sofi but got denied
Why?