People are divided over the thought of paying these loans early or putting them off for a while. It can be easy to pay these loans early if you are strong in financial terms. However, why would you want to do that if it can be delayed without any serious consequences?
Refinancing is a good idea for students who want to save more or on a budget. Typically, this is because it reduces financial burden. By doing so, it could help you save quite a bit of money. It could even make it easier for you to pay; therefore you could pay off the loan faster than intended.
The first thing to note with SoFi Money is that it's pretty much a savings and checking account rolled into one. And as of this writing you can only have one account overall (I really hope this changes for the future).
Today we're taking a look at some of the best high interest savings accounts out there right now. I personally have been using an online bank with Capital One 360 since 2011 and can't really go back to traditional banks. Most online banks tend to offer some great interest rates and little to no fees. You can find my YouTube video about this topic below.
Let's talk about 7 FREE money transfer apps that allow you to send and receive money instantly! Now I put the word 'free' in all caps because I am a fan of free and don't like paying to send money (Sorry Western Union).