I recently refinanced my student loans - I applied with DRB, SoFi and Earnest. Sofi gave me a better rate than DRB so I refinanced my loans with Sofi and got the $300 intro offer through WCI. Earnest took about 40 days to get back to me (just received the email today) and they are actually offering 0.3% less on my loan that I already refinanced (originally from federal). I refinanced through SoFi may 1st and the $300 should be posted by the end of the day today (currently processing despite being after end of pacific business time - they said it should post today when I called them earlier, or the 1st of next month). When I called Earnest they said they would still offer me the $300 welcome bonus if refinancing from Sofi. My question is if I wait for the $300 to post from Sofi then immediately refinance through Earnest will I get both introductory offers? My offer from Earnest is good through June 15th without another hard credit check so it is not a big deal waiting although I would rather refinance earlier to pay less in interest. My amounts are fairly low - I refinanced starting at 22k a month ago and am down to 7k, hoping to pay it off completely in the next 4-6 months (I could pay it off today completely if I got rid of my emergency fund - my recent [2 weeks] wife still has 6 months of emergency in her savings/ no loans even if I pay off my loans completely). We are both late 20s early in Derm and Rad Onc residencies if that makes a difference.
Edit: I posted a very similar question to reddit but they were very unhelpful when I posted the expected salaries once graduating - but I don't want to leave the potential $600 on the table especially since that is years away, hoping to get better advice here.
Edit 2: Sofi now says $300 is now paid, not yet reflected in my loan amount
Edit: I posted a very similar question to reddit but they were very unhelpful when I posted the expected salaries once graduating - but I don't want to leave the potential $600 on the table especially since that is years away, hoping to get better advice here.
Edit 2: Sofi now says $300 is now paid, not yet reflected in my loan amount
Comment