New Student Loan Refinancing Program Offers Peace Of Mind To NYSBA Members

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USI Affinity and SoFi partnership targets lawyers with high student loan debt

USI Affinity is pleased to announce that they’ve partnered with SoFi to allow members of the New York State Bar Association (NYSBA) the opportunity to consolidate and refinance all of their private and federal student loans into a single loan with a lower rate and lower monthly payment.

The founders of SoFi realized that the traditional system for student lending is inefficient. That’s why they created a radically different approach that directly connects high-quality borrowers and investors, providing lower rates to borrowers and compelling returns to investors. SoFi will also honor any existing grace periods on loans that are being refinanced.

Consolidating multiple student loans into a single loan with one lender, bill and monthly payment eliminates the hassle of juggling multiple loans and bills. The application takes about 10 minutes and there are no application, origination, or pre-payment fees. Borrowers can choose from a variety of terms and fixed or variable rate options.

After hearing requests from NYSBA members for this kind of program, NYSBA and USI Affinity sought and selected SoFi for its ability to serve the specific needs of legal professionals. In addition to its easy online application and stellar customer support team, SoFi offers its members unique benefits other lenders don’t offer such as Unemployment Protection, career support, and access to popular discounts and deals through AnyPerks. A $300 welcome bonus is offered for NYSBA members upon loan disbursement who have registered through the NYSBA program website.

USI Affinity’s Mike Mooney, Vice President-Bar Association Programs, said of the new partnership, “The best thing we can do for our clients and their members is to implement unique programs like SoFi that can help members avoid undue financial risk as they progress in their careers. SoFi is the first step in helping them build financial wellness, and we’re looking forward to the opportunity the program provides today and where we envision it to lead in the future.”

For more information, NYSBA Members may visit http://www.nysba.org/sofi or call 1-855-456-SOFI(7634).

About SoFi: SoFi is a leader in marketplace lending and the largest provider of student loan refinancing, with over $1 billion loans issued to more than 13,500 members with savings of $11,783 expected on average over the lifetime of their loans. SoFi helps ambitious professionals accelerate their success with student loan refinancing, MBA loans, mortgages, and personal loans. Its nontraditional underwriting approach takes into account merit and employment history among other factors to provide unique financial and investment products. SoFi offers individual and institutional investors the ability to create positive social impact on the communities they care about while earning compelling rates of return. For more information, visit SoFi.com

About USI Affinity: USI Affinity is one of the leading providers of insurance, financial, and risk management services to professional associations, individuals and small business owners. USI Affinity markets and administers insurance programs for over 400 associations nationwide, representing more than 20,000,000 members.

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Michael E. Murphy
USI Affinity
+1 (610) 537-1323
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