U-fi is a student loans lender based in Lincoln, NE. It was founded in 2015 and offers student loan refinancing in state across the USA.

What APRs does U-fi offer on its student refinancing loans?

The range of APRs you qualify for when refinancing a student loan vary widely by lender and will depend on your creditworthiness and the type of loan you choose. Loans with fixed rates will typically have higher APRs than loans with a variable rate. 

Does U-fi charge an origination fee?

No, U-fi does not charge a loan origination fee.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does U-fi charge prepayment fees?

Yes, U-fi charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.

What terms does U-fi offer?

U-fi provides refinancing loans of 5 to 25 years.

What type of borrowers will U-fi consider?

U-fi considers loans applications from:

  • undergraduate students
  • graduate students
  • parents of students

What do you need to qualify for a U-fistudent loan refinance?

Note that borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.

Active duty servicemembers and their covered dependents cannot apply for a loan via U-fi. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.

What is the estimated funding time for a student loan refinance via U-fi?

U-fi will typically fund loans within 7 and 14 days of approval.

  • Loan Term (Years)
    5 - 25
  • Min Loan
  • Cosigner Optional
  • Undergraduate Students
  • Graduate Students
  • Parents of Dependent
  • Grace Period / Deferred Interest
  • No Origination Fee
  • Funding Time Range (in days)
    7 - 14
SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

No reviews found.

Be the first to write a review for this company!

Write a Review

New Review for U-fi

In category:  

Rate your experience: