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2021’s Best Student Loan Refinance Options

Updated September 23, 2021


Updated September 23, 2021



Our Top Picks for Student Loan Refinancing

How Student Loan Hero Gets Paid

How Student Loan Hero Gets Paid

Student Loan Hero is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). Student Loan Hero does not include all lenders, savings products, or loan options available in the marketplace.

Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Student Loan Hero is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products.

Variable-rate student loans have interest rates that can change during the repayment period. Interest rates may increase or decrease at any time and typically do so based on changes to LIBOR. Often, the introductory rate on a variable-rate loan is lower than that of a fixed rate loan, though it has the potential to increase later. Learn more
Variable APR
Our partners refinance both private and federal student loans. Both types of loans can be consolidated to create a single payment.
Loan Types
"Term" refers to the length of the loan, typically in years. In general, the shorter the term, the lower the interest rate and the higher the monthly payments. Longer terms will typically result in lower monthly payments but at a higher interest rate. Borrowers may select any term offered by a lender regardless of the current loan term. Learn more
Terms
Our partners refinance student loans from both undergraduate and graduate degrees.
Eligible Degrees
Our partners refinance both private and federal student loans. Both types of loans can be consolidated to create a single payment.
Eligible Loans
1.88% to 6.15%
Variable & Fixed5 to 25
Years
Undergrad
& Graduate
Private & Federal

Visit Splash

1.88% to 5.64%
Variable & Fixed5 to 20
Years
Undergrad
& Graduate
Private & Federal

Visit Earnest

2.50% to 6.85%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit CommonBond

1.89% to 5.90%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit Laurel Road

2.25% to 6.59%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit SoFi

1.88% to 5.64%
Variable & Fixed5 to 20
Years
Undergrad
& Graduate
Private & Federal

Visit NaviRefi

1.90% to 5.25%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit Lendkey

2.39% to 6.01%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit Elfi

2.13% to 5.25%
Variable & Fixed5, 8, 12, 15
Years
Undergrad
& Graduate
Private & Federal

Visit PenFed

DID YOU KNOW CHECKING YOUR RATE DOESN’T AFFECT YOUR CREDIT SCORE?

Our Top Picks for Student Loan Refinancing

LenderVariable APRMore Info
1.88% to 6.15%
Variable & Fixed5 to 25
Years
Undergrad
& Graduate
Private & Federal

Visit Splash

1.88% to 5.64%
Variable & Fixed5 to 20
Years
Undergrad
& Graduate
Private & Federal

Visit Earnest

2.50% to 6.85%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit CommonBond

1.89% to 5.90%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit Laurel Road

2.25% to 6.59%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit SoFi

1.88% to 5.64%
Variable & Fixed5 to 20
Years
Undergrad
& Graduate
Private & Federal

Visit NaviRefi

1.90% to 5.25%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit Lendkey

Start Application: 1-877-304-9306
2.39% to 6.01%
Variable & Fixed5, 7, 10, 15, 20
Years
Undergrad
& Graduate
Private & Federal

Visit Elfi

2.13% to 5.25%
Variable & Fixed5, 8, 12, 15
Years
Undergrad
& Graduate
Private & Federal

Visit PenFed

Check out the in-depth reviews!

Did you know checking your rate won’t affect your credit score?

  • Variable APR
  • Loan Types
  • Terms
  • Eligible Degrees
  • Eligible Loans
How Student Loan Hero Gets Paid

How Student Loan Hero Gets Paid

Student Loan Hero is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). Student Loan Hero does not include all lenders, savings products, or loan options available in the marketplace.

Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Student Loan Hero is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products.



Real People, Real Reviews

Shop smarter with verified reviews you can trust.

View Disclosures

Splash Financial Disclosures

Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet applicable underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal loans carry special benefits not available for loans made through Splash Financial, for example, public service loan forgiveness and economic hardship programs, fee waivers and rebates on the principal, which may not be accessible to you after you refinance. The rates displayed may include a 0.25% autopay discount

The information you provide to us is an inquiry to determine whether we or our lenders can make a loan offer that meets your needs. If we or any of our lending partners has an available loan offer for you, you will be invited to submit a loan application to the lender for its review. We do not guarantee that you will receive any loan offers or that your loan application will be approved. Offers are subject to credit approval and are available only to U.S. citizens or permanent residents who meet applicable underwriting requirements. Not all borrowers will receive the lowest rates, which are available to the most qualified borrowers. Participating lenders, rates and terms are subject to change at any time without notice.

To check the rates and terms you qualify for, Splash Financial conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, the lender will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of June 1, 2021.

Ok icon Low rates with no maximum loan amount

Ok icon No refinance fees or prepayment penalties

Ok icon Checking your rate will not affect your credit score

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Joy Eifrid, JD – Attorney

I am savings thousands!

Splash Financial made refinancing my student loans a breeze. I am saving thousands of dollars in interest and will pay my loans off two years faster!

— Joy Eifrid, JD – Attorney

Love Splash Financial

It was so easy to sign up! Good communication throughout. And they were able to save me a lot of money. I highly recommend Splash Financial

— Roy Browning

Easy to use, fast turn around, hands down the best loan experience I’ve ever had.

— Elliot Davis

Splash was great to work with and helped save me a lot of money. The team was very responsive and went above and beyond. I would highly recommend.

— Erin Newton

This was an easy to use application process and I am so happy with the result. I've reduced my stress and feel like I'm finally able to take charge!

— Olivia G

Ok icon Low rates with no maximum loan amount

Ok icon No refinance fees or prepayment penalties

Ok icon Checking your rate will not affect your credit score

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View Disclosures

Earnest Disclosures

Interest Rate Disclosure

Actual rate and available repayment terms will vary based on your income. Fixed rates range from 2.59% APR to 5.79% APR (excludes 0.25% Auto Pay discount). Variable rates range from 1.88% APR to 5.64% APR (excludes 0.25% Auto Pay discount). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 36% (the maximum allowable for these loans). Earnest variable interest rate student loan refinance loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.04% and 5.8% to the one month LIBOR. Earnest rate ranges are current as of 6/8/2021, and are subject to change based on market conditions.

Auto Pay Discount Disclosure

You can take advantage of the Auto Pay interest rate reduction by setting up and maintaining active and automatic ACH withdrawal of your loan payment. The interest rate reduction for Auto Pay will be available only while your loan is enrolled in Auto Pay. Interest rate incentives for utilizing Auto Pay may not be combined with certain private student loan repayment programs that also offer an interest rate reduction. For multi-party loans, only one party may enroll in Auto Pay.

Student Loan Refinancing Loan Cost Examples

These examples provide estimates based on payments beginning immediately upon loan disbursement. Variable APR: A $10,000 loan with a 20-year term (240 monthly payments of $72) and a 5.89% APR would result in a total estimated payment amount of $17,042.39. For a variable loan, after your starting rate is set, your rate will then vary with the market. Fixed APR: A $10,000 loan with a 20-year term (240 monthly payments of $72) and a 6.04% APR would result in a total estimated payment amount of $17,249.77. Your actual repayment terms may vary.Terms and Conditions apply. Visit https://www.earnest. com/terms-of-service, e-mail us at [email protected], or call 888-601-2801 for more information on our student loan refinance product.

Earnest Loans are made by Earnest Operations LLC or One American Bank, Member FDIC. Earnest Operations LLC, NMLS #1204917. 535 Mission St., Suite 1663, San Francisco, CA 94105. California Financing Law License 6054788. Visit earnest.com/licenses for a full list of licensed states. For California residents (Student Loan Refinance Only): Loans will be arranged or made pursuant to a California Financing Law License.

One American Bank, 515 S. Minnesota Ave, Sioux Falls, SD 57104. Earnest loans are serviced by Earnest Operations LLC with support from Navient Solutions LLC (NMLS #212430). One American Bank and Earnest LLC and its subsidiaries are not sponsored by or agencies of the United States of America.

© 2021 Earnest LLC. All rights reserved.

Ok icon Maximum payment flexibility

Ok icon No minimum income requirement

Ok icon Private and federal loans are eligible

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Sara Hathaway – UBC

Not just another statistic

These are real people who actually care about my needs as a person; I'm not just another statistic to them, I'm a relationship.

— Sara Hathaway – UBC

Ok icon Maximum payment flexibility

Ok icon No minimum income requirement

Ok icon Private and federal loans are eligible

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View Disclosures

CommonBond Disclosures

Offered terms are subject to change and state law restriction. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900), NMLS Consumer Access. If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. ‍All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 0.15% effective Jan 1, 2021 and may increase after consummation.

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Ok icon No minimum income requirement

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Andrew – Grand Forks, ND

Save Thousands of Dollars

I am going to save thousands of dollars and some portion of that is going to help other people involved in education right now.

— Andrew – Grand Forks, ND

Grace – Detroit, MI

Tailored, one on one service

Looking at the math and the rates, it was an easy choice for me. It's just a very personal, tailored, one on one service.

— Grace – Detroit, MI

Chan – Binghamton, NY

Very easy application!

It was very easy to go through the CommonBond website and apply for the loan.

— Chan – Binghamton, NY

Mariana – Lansing, MI

How could I live without this?

You know that moment when you find out about something you didn't know existed, and you think how could I ever live without this?

— Mariana – Lansing, MI

Dan M – San Francisco, CA

Very innovative

It's a very innovative approach to student financing.

— Dan M – San Francisco, CA

Tom – Seekonk, MA

Commitment to financial literacy

Their committment to financial literacy education is also very important.

— Tom – Seekonk, MA

Dan S – East Hampton, CT

Support a great organization

It's an opportunity to support an organization with a really great message about the community and people.

— Dan S – East Hampton, CT

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Ok icon No minimum income requirement

Ok icon Unemployment protection

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View Disclosures

Laurel Road Disclosures

All credit products are subject to credit approval.

Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.

As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.

  1. Checking your rate with Laurel Road only requires a soft credit pull, which will not affect your credit score. To proceed with an application, a hard credit pull will be required, which may affect your credit score.
  2. Savings vary based on rate and term of your existing and refinanced loan(s). Refinancing to a longer term may lower your monthly payments, but may also increase the total interest paid over the life of the loan. Refinancing to a shorter term may increase your monthly payments, but may lower the total interest paid over the life of the loan. Review your loan documentation for total cost of your refinanced loan.
  3. After loan disbursement, if a borrower documents a qualifying economic hardship, we may agree in our discretion to allow for full or partial forbearance of payments for one or more 3-month time periods (not to exceed 12 months in the aggregate during the term of your loan), provided that we receive acceptable documentation (including updating documentation) of the nature and expected duration of the borrower’s economic hardship. During any period of forbearance interest will continue to accrue. At the end of the forbearance period, any unpaid accrued interest will be capitalized and be added to the remaining principle amount of the loan.
  4. Automatic Payment (“AutoPay”) Discount: if the borrower chooses to make monthly payments automatically from a bank account, the interest rate will decrease by 0.25% and will increase back if the borrower stops making (or we stop accepting) monthly payments automatically from the borrower’s bank account. The 0.25% AutoPay discount will not reduce the monthly payment; instead, the discount is applied to the principal to help pay the loan down faster.

Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.

Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.

Interest Rate: A simple annual rate that is applied to an unpaid balance.

Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.

KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.

This information is current as of April 29, 2021. Information and rates are subject to change without notice.
 

Ok icon Caters to grad students

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Bethany Whittier, DDS – Dentist

I will save over $20,000!

Refinancing my student loans through Laurel Road is the best thing that could have happened. Throughout the lifetime of my loan I will save over $20,000!

— Bethany Whittier, DDS – Dentist

Dr. Bryce Peterson – Medical Doctor

The customer service was very efficient!

I have refinanced other loans, but never as easily as with Laurel Road. The online services they offered made this refi a snap, and their rates were lower than other banks, too. The customer service through email and telephone was also very efficient.

— Dr. Bryce Peterson – Medical Doctor

Dr. Chandy Randall – Medical Doctor

The interest rate was great!

Applying to refinance my loan with Laurel Road was so easy! I only needed to collect a few documents and upload them to the website. The documents were reviewed and accepted quickly. The communication was easy. The interest rate was great! I am very happy that I decided to refinance with Laurel Road!

— Dr. Chandy Randall – Medical Doctor

Bethany Hammons – Registered Nurse

I would recommend them to anyone!

After spending weeks communicating with other companies I had about given up on refinancing my loans. I decided to give one more company a try. Laurel Road (formerly DRB Student Loan) was such an easy online process I almost didn’t believe. I would recommend them to anyone. Student loans are stressful so it’s so nice knowing there’s a company out there to make the process as pain free as possible!

— Bethany Hammons – Registered Nurse

Brandi Brock – Finance Manager

Fast and easy!

Working with Laurel Road was fast and easy! I searched for the right refinance company, and no one had better rates or service. I would recommend refinancing with Laurel Road to any of my friends with student loan debt to consolidate!

— Brandi Brock – Finance Manager

Ok icon Caters to grad students

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View Disclosures

SoFi Disclosures

Fixed rates from 2.49% APR to 6.94% APR (with autopay). Variable rates from 2.25% APR to 6.59% APR (with autopay). All variable rates are based on the 1-month LIBOR and may increase after consummation if LIBOR increases; see more at SoFi.com/legal/#1. If approved for a loan your rate will depend on a variety of factors such as your credit profile, your application and your selected loan terms. Your rate will be within the ranges of rates listed above. Lowest rates reserved for the most creditworthy borrowers. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers, or may become available, such as Income Based Repayment or Income Contingent Repayment or PAYE. SoFi loans are originated by SoFi Lending Corp. or an affiliate (dba SoFi), a lender licensed by the Department of Financial Protection and Innovation under the California Financing Law, license #6054612; NMLS #1121636 (www.nmlsconsumeraccess.org). Additional terms and conditions apply; see SoFi.com/eligibility for details. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.

Ok icon Career planning and job search assistance support

Ok icon No minimum income requirement

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Ali Kahn – Ross University

Tens of thousands saved!

It's almost mind-boggling how much money I'll save through refinancing my student loans with SoFi - I'd literally be paying tens of thousands more with my original loans. Now that I’ve refinanced my student loans with SoFi, I see a light at the end of the tunnel. I’m able to put away a little bit more, think about long term goals, save for a house - and I know this burden isn’t going to be over my head for the rest of my life.

— Ali Kahn – Ross University

Chiara McPhee – Stanford

Lowest rates without a cosigner!

I was looking for the lowest rates I could find without a cosigner. SoFi was by far the best.

— Chiara McPhee – Stanford

Barry Malinowski Jr. – Harvard

Significantly lower rate!

With SoFi, I was able to significantly lower my rate, saving me thousands of dollars over the life of the loan. Plus, now I belong to a support group of borrowers and lenders, turning debt that was once only a liability into an assets of sorts. I’m grateful that a friend told me about SoFi.

— Barry Malinowski Jr. – Harvard

Taryn B. – New York

Amazing customer service!

Not only does SoFi provide low interest rates, but they have a seamless process, a tech savvy website and amazing customer service. They actually make me feel good about borrowing money from them.

— Taryn B. – New York

Ok icon Career planning and job search assistance support

Ok icon No minimum income requirement

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Competitive rates and streamlined process

Best rates and simplest carry over of information.

— Thomas S, Louisiana

Customize your loan term

It was so easy, quick and gave me a lot of customizable options to find a plan that worked best for me. There was also no confusing language – everything was very clear and understandable.

— Lindsey S, Illinois

Great rates and benefits

It was a really simple process. Incredibly fast! I got a great rate AND a discount for auto pay (which I prefer to do anyway).

— Dixi P, Michigan

Savings with simplicity

The process was easy and will end up saving me a lot of money!

— Ashley C, Wisconsin

View Disclosures

LendKey Disclosures

Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it  endorse,  any educational institution.

Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. The lowest advertised variable APR is only available for loan terms of  5 years and is reserved for applicants with FICO scores of at least 810.

As of 04/07/2021 student loan refinancing rates range from 1.90% APR – 5.25% Variable APR with AutoPay and 2.49% APR – 7.75% Fixed APR with AutoPay.

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Megan – Wartburg College

I feel like I can breathe again!

I have been very impressed with my application process with LendKey! Their customer service team is prompt in responding to any inquiries via email and very helpful on the phone! The application process was easy to follow and very user friendly! With LendKey's help, I'll be saving nearly $400 per month on my student loans! I'm absolutely thrilled and feel like I can breathe again knowing how much this is going to help me financially and the ability to pay my loans off faster. Thank you LendKey!

— Megan – Wartburg College

Tyler – Grand Valley State University

Thanks LendKey!

I checked multiple companies for student loan refinancing and LendKey was by far the easiest and had best rates. Save yourself time and just go with LendKey.

— Tyler – Grand Valley State University

Michelle – San Jose State University

Easy, friendly, and approved!!

I found the application process easy, the customer service when I called always friendly and helpful (minimal automated phone assistance!) and I was approved quickly! Highly recommend refinancing your student loan with Lendkey!

— Michelle – San Jose State University

Tyler – Harvard

Customized repayment plans

I liked the repayment program that was offered. Lower payments in the beginning and as I moved along in my career and earned more, I could pay more.

— Tyler – Harvard

Gregory – Rutgers

Fantastic customer service!

The customer service was fantastic and the network of credit unions was incredible. At the time when I was looking to consolidate my loans, I could not find many other opportunities like the one presented by you guys.

— Gregory – Rutgers

Abigail – Western Michigan University

Much easier than the alternatives!

I had outstanding loans from Sallie Mae with an extremely high interest rate. It would have taken me over 30 years to pay my college debt. You guys were the only program that allowed me to consolidate my private student loans for one easy payment. They are much easier and nicer to work with then Sallie Mae.

— Abigail – Western Michigan University

Ok icon Higher chance for approval

Ok icon No origination fee

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Ok icon Dedicated personal loan advisor

Ok icon Quick loan application and approval process

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Lance S. – Virginia Tech

ELFI was a breeze to deal with. All I had to do was complete some simple forms and upload a few documents. Anytime I had a question or issue they went above and beyond to either answer or even take care of the issue for me. I will now save over $24,000 over the life of the loan and I plan to use the savings to pay off my house faster. The best thing is, it cost us nothing. I wish I had refinanced with ELFI years ago.

— Lance S. – Virginia Tech

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View Disclosures

PenFed Disclosures

Annual Percentage Rate (APR) is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Fixed Rates range from 2.89%-4.78% APR and Variable Rates range from 2.13%-5.25% APR. Both Fixed and Variable Rates will vary based on application terms, level of degree and presence of a co-signer. These rates are subject to additional terms and conditions and rates are subject to change at any time without notice. For Variable Rate student loans, the rate will never exceed 9.00% for 5 year and 8 year loans and 10.00% for 12 and 15 years loans (the maximum allowable for this loan). Minimum variable rate will be 2.00%. These rates are subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.

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After residency, the federal rate was at 6.7%. I knew I had to do something to lower my rate. Through refinancing, I was able to pay off my credit card debt quickly, start saving for a house and am now more financially stable.

— Carlos Garcia – M.D., University of Southern California

I had 11 loans, each with a different interest rate. By refinancing, I was able to lower my rate and have one monthly payment - instead of 11.

— Mariella Gozalo – B.A. Business Management and Marketing, VCU

The interest rate I got was a few points lower than the next best offer. It’s a fantastic company with real people to help every step of the way.

— Arley Smude – MPA, Columbia University

I realized I was leaving so much money on the table. My loans were all at a weighted average of 7.5% and you guys were offering me 4.15% after the discounts. 4.15% versus 7.5%, that’s a big deal.

— Nick Timmons – M.S. Technology Management, University of Illinois