The transfer of student loan servicing rights from Mohela to SoFi represents a significant shift for millions of borrowers. This transition brings both opportunities and challenges, prompting crucial questions about repayment plans, customer service, and the overall borrower experience. Understanding the nuances of SoFi’s approach to student loan management is key to navigating this new landscape and making informed financial decisions. This guide delves into the intricacies of SoFi’s student loan servicing, examining its history, its diverse repayment options, and the support systems it offers borrowers. We’ll compare SoFi’s practices to those of its predecessor, Mohela, highlighting key differences and Read More …
