How to Find the Best Personal Finance Books for You

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If you’re looking for the best personal finance books available to improve your knowledge of financial basics or learn about investing strategies, you’ve come to the right place. We’ve examined each of the 10 top-selling finance books sold on Amazon to give you the rundown on what they offer.

Whether you’re in debt and need to turn your life around or you’re looking to increase your productivity, these guides from personal finance experts can help.

How to find the best personal finance books

Below you’ll find Amazon’s top 10 personal finance bestsellers as of April 20, 2020. For each title, we’ll discuss what the book covers, the customer ratings, and whom we think would best benefit from the book.

As you look over this collection to find the best personal finance books for your situation, consider what sort of advice you need most and pick those titles that best target your key topics.

(Note that to calculate its customer star ratings, Amazon uses a machine-learning model instead of a raw data average. Its model takes into account factors like the age of a rating, whether or not the rating came from a verified purchaser and other factors that indicate the reviewer’s credibility.)

1. Getting Work Done
2. The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change
3. Giving Effective Feedback
4. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money — That the Poor and Middle Class Do Not!
5. The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel.
6. Indistractable: How to Control Your Attention and Choose Your Life
7. 10X Rule: The Only Difference Between Success and Failure
8. Total Money Makeover: A Proven Plan for Financial Fitness
9. Outliers: The Story of Success
10. Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life
Bonus: 3 other must-read personal finance books

1. Getting Work Done

  • Author(s): Harvard Business Review
  • Best for: If you are overwhelmed by work and multitasking, this book will help you focus your priorities, eliminate distractions and create boundaries.
  • Amazon customer rating: 4.1 out of 5 stars (25 ratings) as of April 20, 2020.

Harvard Business Review publishes business books containing comprehensive advice and guides for managers and senior-level executives.

For individual contributors and managers who feel like they’re juggling too many projects, Getting Work Done will help you organize your schedule, set priorities and create an effective daily work routine to optimize your productivity.

Most customers praised the book for its useful and applicable tips, while the few negative responses said the required work it demanded to get started affected their reviews.

2. The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change

  • Author(s): Stephen R. Covey
  • Best for: This classic career development book is best for workers who want to improve their productivity, overall efficiency and career success.
  • Amazon customer rating: 4.6 out of 5 stars (9,752 ratings) as of April 20, 2020.

An accomplished businessman and public speaker, Covey’s book was originally published in 1990. Since its release, it’s been used as a career development resource ever since. It walks readers through seven core habits:

  • Be Proactive
  • Begin With the End in Mind
  • Put First Things First
  • Think Win-Win
  • Seek First to Understand Then Be Understood
  • Synergize
  • Sharpen the Saw

These habits are reportedly used by the most successful CEOs and business professionals in various industries. The reviews are positive; many reviewers describe the book as life-changing in how it affected how they approached their careers.

3. Giving Effective Feedback

  • Author(s): Harvard Business Review
  • Best for: This book is designed for managers who need help dealing with struggling employees and high-performing workers to boost results.
  • Amazon customer rating: 4.3 out of 5 stars (27 ratings) as of April 20, 2020

This book is part of the Harvard Business Review’s series of books to help managers work more effectively with their employees. It gives managers a plan for how to deliver feedback to both underperforming and star employees, have effective conversations and get results that last, including creating an action plan.

The reviews are mostly positive, with managers stating that the book helped them with performance evaluations. However, some reviewers said the book seemed to be primarily geared toward young or very new managers.

4. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money — That the Poor and Middle Class Do Not!

  • Author(s): Robert T. Kiyosaki
  • Best for: Parents, college students and people new to personal finance will be especially interested in the topics of this book.
  • Amazon customer rating: 4.7 out of 5 stars (16,671 ratings) as of April 20, 2020

Robert T. Kiyosaki is an entrepreneur and investor. In Rich Dad Poor Dad, he chronicled his experiences growing up with his own father and comparing him to another friend’s wealthy parent.

Rich Dad Poor Dad became a massive bestseller when it was released. The book’s premise is that wealthy individuals use their money to invest, become entrepreneurs and have their money work for them. By contrast, the book also says that low-income and middle class workers may work hard in their full-time jobs, but never make any real financial progress because they don’t learn how to fully utilize their money. The book aims to teach people of all backgrounds the fundamentals of financial literacy and investing.

5. The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel.

  • Author(s): Benjamin Graham, Jason Zweig
  • Best for: For investors looking to learn sound investing principles, the Intelligent Investor offers time-tested guidance.
  • Amazon customer rating: 4.6 out of 5 stars (6,355 ratings) as of April 20, 2020

Benjamin Graham was a pioneering investor and educator. In fact, billionaire Warren Buffet was one of his students at Columbia’s business school.

Originally published in 1949, Graham originally wrote this book to teach readers about value-investing and how to focus on long-term investing goals. This edition has been updated and revised by Jason Zweig, incorporating updates using today’s market as examples of how Graham’s principles have worked on the stock market’s performance.

Many reviews tout the value of the book, but some say it’s outdated. One common complaint is that it is difficult to follow for beginners, and is instead for more seasoned investors.

6. Indistractable: How to Control Your Attention and Choose Your Life

  • Author(s): Nir Eyal
  • Best for: For people struggling to retain their focus, this book contains strategies to control your time and eliminate distractions both at work and at home.
  • Amazon customer rating: 4.7 out of 5 stars (539 ratings) as of April 20, 2020

Author Nir Eyal previously taught at the Stanford Graduate School of Business and Design, and acts as an angel investor for growing startups. Using his background, he wrote Indistractable to help people better manage their time.

With technology and smartphones becoming so pervasive, it’s easier than ever to get distracted and it’s difficult to stay focused at work. This book contains practical tips on how to change your relationship with technology so you can stay focused both at home at work. It will help you eliminate distractions, control your time and boost productivity.

7. 10X Rule: The Only Difference Between Success and Failure

  • Author(s): Grant Cardone
  • Best for: This book is best for people who need an extra dose of motivation to overcome procrastination and other obstacles to achieving your goals.
  • Amazon customer rating: 4.6 out of 5 stars (2,361 ratings) as of April 20, 2020

Grant Cardone, a marketing and sales consultant, and a public speaker, wrote The 10X Rule to encourage people to separate themselves from the pack through extreme action. By overcoming procrastination and self-doubt, the book encourages people to achieve their goals. Reviewers mostly found it empowering and motivating and said it helped them take their businesses or careers to the next level.

8. Total Money Makeover: A Proven Plan for Financial Fitness

  • Author(s): Dave Ramsey
  • Best for: If you have debt, Dave Ramsey’s guide can help you eliminate your balances, build up an emergency fund and build financial security.
  • Amazon customer rating: 4.7 out of 5 stars (6,893 ratings) as of April 20, 2020

Dave Ramsey is a well-known money expert, radio personality and author. Dave Ramsey’s book is used by people burdened with credit card debt, student loans and other consumer debt to turn their financial lives around. It contains Ramsey’s baby steps, a step-by-step process on how to tackle your finances with basic financial principles. By following his habits, you’ll pay off your debt, establish a safety net and stick to a budget.

In fact, many reviewers describe the book as containing life-changing finance tips, eliminating their financial stress and worries.

9. Outliers: The Story of Success

  • Author(s): Malcolm Gladwell
  • Best for: If you want to know what sets high achievers apart from the average person, this book is for you.
  • Amazon customer rating: 4.6 out of 5 stars (7,368 ratings) as of April 20, 2020

Malcolm Gladwell is the author of five New York Times bestsellers. Outliers examines what makes the best and brightest individuals different from everyone else. Instead of focusing on the habits of successful people, this book focuses on their culture, family and the experiences they had during their upbringing that shaped them into the people they are today.

10. Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life

  • Author(s): Barbara Stanny
  • Best for: This book is best for people who want to learn what common characteristics drive women high-earners.
  • Amazon customer rating: 4.7 out of 5 stars (349 ratings) as of April 20, 2020

Barbara Huson (formerly Stanny) is a financial expert, author and money coach. According to her book, the number of women who earn six-figure salaries has steadily increased over the past few years. More than 15 million women were earning $100,000 or more in a wide range of industries in 2009, the year the book was published. This book researches this growing trend and identifies common characteristics these women share so that other women can learn from their success.

3 other must-read personal finance books

While these books aren’t on Amazon’s top-10 list, they are excellent personal finance books for people looking to improve their relationships with money.

1. Get Money: Live the Life You Want, Not Just the Life You Can Afford

  • Author(s): Kristin Wong
  • Best for: For college students managing student loan debt or young professionals just starting out, this is an excellent primer for people beginning to manage their money on their own.
  • Amazon customer rating: 4.4 out of 5 stars (66 ratings) as of April 20, 2020

Kirsten Wong is a long-time personal finance blogger turned book author. Wong’s book aims to make personal finance more relatable and less intimidating. It breaks down money management into basic steps to complete so you can achieve your goals, such as creating a budget, coming up with a debt repayment plan, improving your credit score and starting an investment portfolio.

2. Broke Millennial: Stop Scraping By and Get Your Financial Life Together

  • Author(s): Erin Lowry
  • Best for: For young adults who are living paycheck to paycheck, this book can help them break the cycle.
  • Amazon customer rating: 4.7 out of 5 stars (253 ratings) as of April 20, 2020

Erin is a millennial personal finance expert. Her book addresses everyday financial situations that millennials may struggle with, not just big financial topics like budgeting or investing. It can help you handle tricky situations like how to split bills with friends after dinner, how to divide up your finances with a romantic partner and what your options are with your student loan payments.

3. Why Didn’t They Teach Me This in School? 99 Personal Money Management Principles to Live By

  • Author(s): Cary Siegel
  • Best for: This book is for college and high school graduates who need help managing their finances on their own.
  • Amazon customer rating: 4.3 out of 5 stars (509 ratings) as of April 20, 2020

Many high school and college graduates feel overwhelmed when they leave school because they’re unprepared to manage their money on their own. Retired business executive Cary Siegel wrote this book to cover basic financial topics that are rarely taught in schools. It’s a quick and easy read, with easily digestible content with practical anecdotes to help graduates use their money wisely.

Carrie Smith contributed to this report.

Interested in refinancing student loans?

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LenderVariable APREligible Degrees 
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1 Important Disclosures for Laurel Road.

Laurel Road Disclosures

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. Mortgage lending is not offered in Puerto Rico. All loans are provided by KeyBank National Association.
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.

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.

FEE INFORMATION

There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.

LOAN AMOUNT

For bachelor’s degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section below), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information about refinancing ParentPlus loans.

ELIGIBILITY & ELIGIBLE LOANS

Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between “Resident Since” date and “Card Expires” date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).

Graduates may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school. Any federal loans refinanced with Lender are private loans and do not have the same repayment options that federal loan program offers such as Income Based Repayment or Income Contingent Repayment.

All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for applicable terms and conditions.

For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.

INTEREST RATES

The interest rate you are offered will depend on your credit profile, income, and total debt payments as well as your choice of fixed or variable and choice of term. For applicants who are currently medical or dental residents, your rate offer may also vary depending on whether you have secured employment for after residency.

DISBURSEMENT OPTIONS

The repayment of any refinanced student loan will commence (1) immediately after disbursement by us, or (2) after any grace or in-school deferment period, existing prior to refinancing and/or consolidation with us, has expired.

POSTPONING OR REDUCING PAYMENTS

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.

We may agree under certain circumstances to allow a borrower to make $100/month payments for a period of time immediately after loan disbursement if the borrower is employed full-time as an intern, resident, or similar postgraduate trainee at the time of loan disbursement. These payments may not be enough to cover all of the interest that accrues on the loan. Unpaid accrued interest will be added to your loan and monthly payments of principal and interest will begin when the post-graduate training program ends.

We may agree under certain circumstances to allow postponement (deferral) of monthly payments of principal and interest for a period of time immediately following loan disbursement (not to exceed 6 months after the borrower’s graduation with an eligible degree), if the borrower is an eligible student in the borrower’s final term at the time of loan disbursement or graduated less than 6 months before loan disbursement, and has accepted an offer of (or has already begun) full-time employment.

If Lender agrees (in its sole discretion) to postpone or reduce any monthly payment(s) for a period of time, interest on the loan will continue to accrue for each day principal is owed. Although the borrower might not be required to make payments during such a period, the borrower may continue to make payments during such a period. Making payments, or paying some of the interest, will reduce the total amount that will be required to be paid over the life of the loan. Interest not paid during any period when Lender has agreed to postpone or reduce any monthly payment will be added to the principal balance through capitalization (compounding) at the end of such a period, one month before the borrower is required to resume making regular monthly payments.

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

This information is current as of March 4, 2020 and is subject to change.


2 Important Disclosures for Splash Financial.

Splash Financial Disclosures

Splash Financial loans are available through arrangements with lending partners. Your loan application will be submitted to the lending partner and be evaluated at their sole discretion. For loans where a credit union is the lender, or a purchaser of the loan, in order to refinance your loans, you will need to become a credit union member.

The Splash Student Loan Refinance Program is not offered or endorsed by any college or university. Neither Splash Financial nor the lending partner are affiliated with or endorse any college or university listed on this website.

You should review the benefits of your federal student loan; it may offer specific benefits that a private refinance/consolidation loan may not offer. If you work in the public sector, are in the military or taking advantage of a federal department of relief program, such as income based repayment or public service forgiveness, you may not want to refinance, as these benefits do not transfer to private refinance/consolidation loans.

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 May 1, 2020.

Fixed APR: Annual Percentage Rate [APR] is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Fixed Rate options range from 2.88% (without autopay) to 7.27% (without autopay) and will vary based on application terms, level of degree and presence of a co-signer. Rates are subject to change without notice. Fixed rate options without an autopay discount consist of a range from 2.88% per year to 6.21% per year for a 5-year term, 3.40% per year to 6.25% per year for a 7-year term, 3.45% to 5.08% for a 8-year term, 3.89% per year to 6.65% per year for a 10-year term, 4.18% per year to 5.11% per year for a 12-year term, 4.20% per year to 7.05% per year for a 15-year term, or 4.51% per year to 7.27% per year for a 20-year term, with no origination fees. The fixed interest rate will apply until the loan is paid in full (whether before or after default, and whether before or after the scheduled maturity date of the loan).
The Rate will not change during the term. Repayment examples are for illustrative purposes only. The following Fixed Rate examples are based on a $10,000 loan amount using the lowest APR for each application term listed above. All student loan rates used in calculating the examples are shown without the autopay discount (.25%). There are no application or origination fees, and no prepayment penalties. The monthly payment for a sample $10,000 loan with an APR of 2.88% per year for a 5-year term would be $179.15. The monthly payment for a sample $10,000 loan with an APR of 3.40% for a 7-year term would be $134.17. The monthly payment for a sample $10,000 loan with an APR of 3.45% for a 8-year term would be $119.35. The monthly payment for a sample $10,000 with an APR of 3.89% for a 10-year term would be $100.72. The monthly payment for a sample $10,000 with an APR of 4.18% for a 12-year term would be $88.43. The monthly payment for a sample $10,000 loan with an APR of 4.20% for a 15-year term would be $74.98. The monthly payment for a sample $10,000 loan with an APR of 4.51% for a 20-year term would be from $63.32.

Variable APR: Annual Percentage Rate [APR] is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Variable rate options range from 1.99% (with autopay) to 7.10% (without autopay) and will vary based on application terms, level of degree and presence of a co-signer. Our lowest rate option is shown with a 0.25% autopay discount. Our highest rate option does not include an autopay discount. The variable rates are based on the Variable rate index, is based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of April 27, 2020, the one-month LIBOR rate is 0.43763%. The interest rate on a variable rate loan is comprised of an index and margin added together. The margin is a fixed amount (disclosed at the time of your loan application) added each month to the index to determine the next month’s variable rate. Variable rate options without an autopay discount consist of a range from 2.01% per year to 6.30% per year for a 5-year term, 4.00% per year to 6.35% per year for a 7-year term, 2.09% per year to 3.92% per year for a 8-year term, 4.25% per year to 6.40% per year for a 10-year term, 2.67% per year to 4.56% per year for a 12-year term, 3.44% per year to 6.65% per year for a 15-year term, 4.75% per year to 6.93% per year for a 20-year term, or 5.14% per year to 7.10% for a 25-year term, with no origination fees. APR is subject to increase after consummation. Variable interest rates will fluctuate over the term of the borrower’s loan with changes in the LIBOR rate, and will vary based on applicable terms, level of degree earned and presence of a co-signer. The maximum variable rate may be between 9.00% and 16.00%, depending on loan term. The floor rate may be between 0.54% and 4.21%, depending on loan term. 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.
Variable APRs and amounts subject to increase or decrease. Variable rates are indexed to the one-month LIBOR rate. The following Variable Rate examples are based on a $10,000 loan amount. Repayment examples are for illustrative purposes only. All student loan rates below are shown without the autopay discount (.25%). There are no application or origination fees, and no prepayment penalties. The monthly payment for a sample $10,000 loan with an APR of 2.01% per year for a 5-year term would be $175.32. The monthly payment for a sample $10,000 loan with an APR of 4.00% for a 7-year term would be $136.69. The monthly payment for a sample $10,000 loan with an APR of 2.09% for a 8-year term would be $113.21. The monthly payment for a sample $10,000 with an APR of 4.25% for a 10-year term would be $102.44. The monthly payment for a sample $10,000 with an APR of 2.67% for a 12-year term would be $81.24. The monthly payment for a sample $10,000 loan with an APR of 3.44% for a 15-year term would be $71.19. The monthly payment for a sample $10,000 loan with an APR of 4.75% for a 20-year term would be from $64.62. The monthly payment for a sample $10,000 loan with an APR of 5.14% for a 25-year term would be from $59.28.

 


3 Important Disclosures for SoFi.

SoFi Disclosures

  1. Student loan Refinance: Fixed rates from 3.49% APR to 6.67% APR (with AutoPay). Variable rates from 3.21% APR to 6.67% APR (with AutoPay). Interest rates on variable rate loans are capped at either 8.95% or 9.95% depending on term of loanSee APR examples and terms. Lowest variable rate of 3.21% APR assumes current 1 month LIBOR rate of 0.45% plus 2.82% margin minus 0.25% ACH discount. Not all borrowers receive the lowest rate. If approved for a loan, the fixed or variable interest rate offered will depend on your creditworthiness, and the term of the loan and other factors, and will be within the ranges of rates listed above. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. See eligibility details. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. *To check the rates and terms you qualify for, SoFi conducts a soft credit inquiry. Unlike hard credit inquiries, soft credit inquiries (or soft credit pulls) do not impact your credit score. Soft credit inquiries allow SoFi to show you what rates and terms SoFi can offer you up front. After seeing your rates, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit inquiry. Hard credit inquiries (or hard credit pulls) are required for SoFi to be able to issue you a loan. In addition to requiring your explicit permission, these credit pulls may impact your credit score. Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. 

4 Important Disclosures for Earnest.

Earnest Disclosures

To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.

Earnest fixed rate loan rates range from 3.21% APR (with Auto Pay) to 8.77% APR (with Auto Pay). Variable rate loan rates range from 3.21% APR (with Auto Pay) to 8.72% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate 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 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of May 8, 2020, and are subject to change based on market conditions and borrower eligibility.

Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.

The information provided on this page is updated as of 5/08/2020. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at [email protected], or call 888-601-2801 for more information on our student loan refinance product.

© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.


5 Important Disclosures for CommonBond.

CommonBond Disclosures

Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). 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 0.8100000000000002% effective April 10, 2020.


1.99% – 6.65%1Undergrad
& Graduate

Visit Laurel Road

1.99% – 7.10%2Undergrad
& Graduate

Visit Splash

3.21% – 6.67%3Undergrad
& Graduate

Visit SoFi

3.21% – 8.72%4Undergrad
& Graduate

Visit Earnest

3.22% – 6.05%5Undergrad
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Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.