Is 50,000 Rapid Rewards Worth Refinancing Your Student Debt?
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Last week, I received an email from SoFi, offering me 50,000 Rapid Rewards points to refinance my student debt with them. This isn’t the first I’ve seen of SoFi offering miles or points for refinancing, though it is the first time I’ve thought to write up a post, unfortunately.
Refinancing with SoFi
I have to admit, I’ve never refinanced student loans. I’m one of the lucky few that isn’t saddled with a lot of debt. If you guys have any experience refinancing, especially with SoFi, chime in!
On the surface, it looks like you could score a decent deal. Rates are between 2.41% and 8.224% depending on your risk profile. Interest rates are generally low right now, so you should find comparable rates no…
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