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Laurel Road Student Loans vs SoFi Student Loans


 Laurel Road Student LoansSoFi Student Loans
 Learn More
 

Laurel Road Student Loans

SoFi Student Loans

SPECIAL OFFER
Refinance Student Loans - Learn More

Read SoFi Review

 

Benefits and Features

Variable APR
2.99%-6.42%
5.74% - 9.99% APR (with AutoPay)
Fixed APR
3.5%-6.99%
4.99% - 9.99% APR (with AutoPay)
Minimum Amount
$5,000
$5,000 (may be higher depending on state)
Maximum Amount
No maximum
No maximum
Loan Term
5 to 20 years
5 to 20 years
State Residency
All states eligible
All states eligible
Degree Requirements
Bachelor's or higher
Associates or higher
Income Requirements
None
None
Employment RequirementsMust be employed or have an offerMust be employed or have an offer to start within 90 days
Interest Only Payments
No
No
Origination Fees
None
None
Prepayment Penalty
None
None
Can Use a Cosigner
Yes
Yes
Can Release a Cosigner
Varies case by case
No
Auto-Pay Interest Rate Reduction
Yes
Yes
Soft Credit Check
Yes
Yes
Unemployment Protection
Yes
Yes
 

CreditDonkey® Reviews

 Laurel Road Student LoansSoFi Student Loans
Loan TermStarStarStarStarHalf Star
Customer ServiceStarStarStarStarHalf Star
Ease of UseStarStarStarStarStar
Interest RatesStarStarStarStarHalf Star
Payment FlexibilityStarStarStarStarEmpty Star
Pros & ConsPros:
  • Keep federal grace period
  • Refinance Parent Plus loans
Cons:
  • Must have great credit score
Bottom LineGood option if you have a great credit score... Read full review
 Learn More

Refinance Student Loans

 Terms Apply. SoFi Disclaimers

Laurel Road: Pricing information from published website as of 03/18/2018

SoFi: Pricing information from published website as of 5/9/2023


Articles on SoFi Student Loans

SoFi Student Loan Reviews

Is student loan refinancing a good idea? Is SoFi legit? Is NOW a good time to refinance? Read on. The answers may surprise you.

Which Do You Think is Best?





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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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