Personal loan of $50000
I am trying to refinance my education loan, I just got a job here in Bay Area but don't want to spend a significant amount of TC just to clear out student loan as interest rate is 12.5 on this loan (from India), I want to get money from US and use to clear the loan and pay the US loan over a longer period of time, over 4-5 year. Is this a good idea? And if it is how to get the refinance/personal loan?
if you have any bros in tech they should be happy to have you pay them 6%
Check out Stilt and ProdigyFinance. I think they do refinancing of international student loans as well. That would be better than taking a personal loan. Or sign up for a credit card every year and keep doing balance transfers every year for a 3% fee and 0% APR and keep making minimum payments till you have paid it off.
Prodigy doesn't refinance in the Bay area
Yes, 12% is crazy, get anything here in US that is cheaper. Also u get a good credit score for paying off that
I heard good things from first republic.
401K loan is a better idea IMO
Check out SoFi website. As far as I know a lot of these refinancing services require greencard or citizenship. 401K loan is a good idea.
Personal loans have APRs like credit cards, you'll be worse off.
Is the loan amount denominated in USD?
For 50k loan you can check our website to see your chances of approval and apply right there as long as you have a credit history. I got 50 k at 6.5%
Nope
Explanation?