Today with us we have Dan Macklin who is one of the founding members of SoFi, a marketplace lender that offers student loan refinancing, personal loans and mortgages. He is a thought leader whose perspectives on education debt and personal finance have been featured in a variety of media outlets including CNBC, ABC, Fox Business and Fast Company, as well as his personal favorite, Italian Vogue!
What You Will Learn from this episode
- More about Dan’s background which lead him to start a business with guys he met in college
- How SoFi get started
- How you can save money when it comes to your student loans
- Who qualifies for refinancing their student loans
- How to refinance your credit card debt and potentially cut your interest in half
Go to Sofi.com/wkw for a $100 cash back if you refinance your credit card debt.
Personal Note: Although I am a big fan of the debt snowball, I work with people all the time that pay 15% or even 24% on their credit cards which is ridiculous. I really am a fan of SoFi because they essentially will help you reduce your interest rate so that you can pay your debt off even faster and save a TON of money in interest in the long run!
Refinance Your Student Loans or Credit Card Debt
With the average credit card interest rate around 15%, this could save you a ton of money over the long haul. SoFi will refinance your credit card debt to as low as 5.99% so that you can pay your debt off even faster. Use this link to get $100 cash back if you get approved. They also refinance student loans to as low as 2.355% APR.