What is “Savoring” and How Can it Help You Build Wealth?
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Although First Republic removed its student loan refinancing program, they now offer a personal line of credit- similar to refinancing a student loan. First Republic has competitive rates for strong candidates and looks to form a long-term relationship.
Receive a repayment rebate for repaying your debt early
Prequalify in one minute
You can apply with a co-signer
Strict eligibility requirements
No forbearance protection
No repayment terms longer than 15 years
First Republic is great for those who think they will be able to pay off their debt fast since they offer a repayment rebate.
With its flexible use cases, the Personal Line of Credit offers the ability to refinance other types of debt, such as auto loans.
FirstRepublic is also a great option for recent undergraduates and graduates because they let you apply with a co-signer.
First Republic offers competitive student loan interest rates, but qualifying for their line of credit can be difficult because of its strict eligibility requirements.
Loans Qualifications: Federal, Private, and PLUS loans
Loan Terms: 5, 7, 10, and 15 years
Loan Amounts: Minimum: $60,000 Maximum: $350,000
Fees or Prepayment Penalties: None
You can compare the top student loan lenders on Snowball’s Student Loan Lender Marketplace or Snowball can provide you with a personalized plan!
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