collageWhen you’re looking for companies that refinance student loans, there are a lot of things to consider. First, you’ll want to know whether or not they offer student loan refinance offers. Some companies do not offer student loan refinance offers, while others do. If a company does provide this service, they may also offer other products and services related to education loans and refinancing. In this article, we explore the details of companies that refinance student loans, student loan refinance offers, sofi student loan refinance, companies that refinance student loans without a degree and earnest student loan refinance.
Another thing you’ll want to look into is sofi student loan refinance. SoFi is one of the most popular companies for refinancing student loans because it offers low rates and flexible options for borrowers who have good credit scores. Borrowers can apply online or over the phone; however, if you choose the latter option, make sure you have all necessary documents ready before calling! Read on to learn more about the companies that refinance student loans, student loan refinance offers, sofi student loan refinance, companies that refinance student loans without a degree and earnest student loan refinance.
If you don’t have an undergraduate degree but still want to refinance your loans with a company like SoFi (or another lender), then check out this article on companies that refinance student loans without a degree! It will show you how to find a lender that will work with your unique situation and help guide you through the process of getting approved for refinancing at an affordable rate so that you can pay off your debt faster than ever before!
companies that refinance student loans
We begin with companies that refinance student loans, then student loan refinance offers, sofi student loan refinance, companies that refinance student loans without a degree and earnest student loan refinance.
Our Top Picks for the Best Student Loan Refinance Companies
- Credible – Best Student Loan Marketplace
- Splash Financial – Most Affordable Loan Payment Options for Medical Students
- PenFed – Best Credit Union
- Laurel Road – Best Student Loan Consolidation for Medical Students
- Earnest – Best for Customizing Loan Repayment
student loan refinance offers
Now we consider student loan refinance offers, sofi student loan refinance, companies that refinance student loans without a degree and earnest student loan refinance.
Best Student Loan Refinancing Bonuses
Here’s our current list of the best student loan refinancing bonuses. We keep this list up to date as best as possible. These bonuses are based on our relationship with the student loan lender. You might find different offers elsewhere, but we strive to have the best available.
ELFI – Up to $1,100
ELFI has a long track record of helping borrowers refinance their student loans. Plus, they are consistently at the top of “best rate” charts and customer service rankings.
Just for being a College Investor reader, you get an awesome bonus:
- A $1,100 bonus when you refinance at least $100,000 in student loans!
- A $550 bonus when you refinance less than $100,000 but at least $50,000 in student loans!
That means, if you’re quick, and you sign up through our site, you can earn up to $1,100 towards your student loans!
This is the best bonus we see right now!
Credible – Up to $1,000
Credible is our favorite marketplace for comparing student loans. They have almost a dozen different lenders that you can easily shop and compare on their platform. And as a College Investor reader, no matter what lender you actually choose – if you refinance on their platform you’ll get:
A $1,000 gift card bonus if you refinance at least $100,000 in student loans.
A $300 gift card bonus if you refinance less than $100,000 in student loans.
LendKey – $750
LendKey offers private student loans and student loan refinancing by connecting borrowers to its network of over 300 credit union and banking partners. With access to their large network of partner lenders, they offer some of the lowest rates you’ll find. Their loans have no origination fees or application fees, and you can check your rate online in just 2 minutes with no credit score impact.
LendKey is currently offering College Investor readers a $750 bonus if you refinance a loan over $150,000, and a $300 bonus if you refinance under $150,000.
Splash Financial – $500
Splash Financial is a student loan refinancing marketplace that works with a few major lenders including Nelnet Bank, Laurel Road, and PenFed.
We highly recommend Splash to medical residents as they offer $100 payments on your refinanced loans during your residency and for up to 6 months afterward.
Splash is currently offering College Investor readers a $500 bonus if you refinance a loan over $50,000.
sofi student loan refinance
More details coming up on sofi student loan refinance, companies that refinance student loans without a degree and earnest student loan refinance.
SoFi’s student refinance loan is a private loan and does not have the same repayment options/benefits offered by federal programs. You should explore and compare federal and private loan options, terms, and features to determine what is best for you and your situation.
Federal loans offer flexible repayment options that can help you manage your monthly payments. These include income-driven repayment plans (IDR), which cap your monthly payment at a percentage of your income. And some federal loans offer forgiveness programs for borrowers who work in public service jobs for a certain number of years or meet other requirements.
Private loans do not offer these benefits, but they will often have lower interest rates than federal loans because they don’t have to be repaid until after graduation—and sometimes even longer than that!
companies that refinance student loans without a degree
If you want to refinance your student loans without a degree, consider the following four Credible partner lenders:
Citizens
Citizens Bank will refinance your private or federal student loans even if you don’t finish your degree. If you’re an existing Citizens banking customer, you may qualify for reduced interest rates.
- Loan amounts: $10,000 to $750,000
- Minimum credit score: Does not disclose
- Eligibility: Must have at least $10,000 in student loans to refinance; must have made at least 12 payments on previous student loans
- Fees: No application, origination or disbursement fees
- Other features: Cosigners can be released after 36 on-time payments; 0.25% interest rate discount for existing Citizens Bank customers; 0.25% autopay discount
INvestEd
INvestED offers refinancing of both private and federal student loans, even to borrowers still in school. INvestEd loans come with competitive interest rates and high loan limits.
- Loan amounts: $5,000 to $250,000
- Minimum credit score: 670
- Eligibility: Minimum income of $36,000 per year, and no more than 50% of your gross monthly income can be spent on debts
- Fees: Late payment fee; returned payment fee of $10
- Other features: Cosigners can be released after 48 consecutive on-time payments; 0.25% autopay discount; up to 24 months of forbearance during the life of the loan
MEFA
The Massachusetts Educational Financing Authority (MEFA) will also refinance your student loans before you’ve finished your degree. You don’t have to be enrolled in a Massachusetts college, either.
- Loan amounts: $10,000 up to the total amount
- Minimum credit score: 670
- Eligibility: Minimum income of $24,000; must have made on-time student loan payments for the past 12 months
- Fees: No application, origination, disbursement or prepayment penalty fees
- Other features: Ability to apply for a modified payment plan that allows you to make interest-only or reduced monthly payments for up to 48 months
RISLA
The Rhode Island Student Loan Authority (RISLA) offers student loan refinancing to in-school borrowers nationwide — even those not enrolled in a Rhode Island university.
- Loan amounts: $7,500 to $250,000
- Minimum credit score: 680
- Eligibility: Minimum $40,000 household income
- Fees: Late payment fee equal to 6% of late payment amount
- Other features: Income-based repayment options; 0.25% autopay discount; ability to defer payments for 36 months if you go back to graduate school
The following lender is not a Credible partner but is still worth considering if you’re looking to refinance your student loans without a degree.
earnest student loan refinance
Earnest is an online lender that offers student loan refinancing and private student loans, as well as personal loans. Its refinancing loan is best for borrowers who want to customize their repayment schedule to pay off debt fast. Its private student loan is an option for borrowers who want flexible repayment.
Let’s take a look at why you should consider Earnest if you’re looking for a student loan refinance or private student loan.
Earnest Refinancing Loan
The Earnest Refinancing Loan is designed for borrowers who want to customize their repayment schedule in order to pay off debt quickly. The program allows you to choose when your monthly payment will be made, so you can set it up to fit your budget and make payments when they’ll be most helpful.
Earnest Private Student Loan
The Earnest Private Student Loan is an option for those who want flexible repayment options and don’t mind having private lenders fund their education instead of the federal government.
collage