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-0.000156033144724776 0.00148642101027359 0.000114971790849912 0.00254580394024757 -0.000977260222223958 0.00271826162652243 0.000254580394024742 0.00895137514474127
Stock impact report

SoFi Helps Student Loan Borrowers Navigate Life Transitions with New Flexible Refinance Option [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
SAN FRANCISCO, April 24, 2025 BUSINESS WIRE SoFi Technologies, Inc. (NASDAQ: SOFI) is making student loan repayment more flexible with the launch of SmartStart, a new refinance option. With SmartStart, people can put money they'd otherwise use on student loan payments in the first nine months towards supporting life transitions like finding a new job, relocating to a new city, or searching for a new home. A recent Gallup survey found that 71% of student loan borrowers delayed at least one major life event, like buying a car or moving out of their parents' home, because of their student loans. With SmartStart, members can refinance their student loans and pay only the interest for their first nine months. This keeps minimum monthly payments low and eases financial stress as they start their next chapter. For example, a member refinancing $50,000 in loans over a 10-year term could reduce their monthly payments by more than $3,000 during their first nine months. After the first nine m Show less Read more
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