Refinance your student loan today and save an average of $14,417
Our Student Loan Refinance Lenders
Our lenders have helped thousands of people save money refinancing their student loans.
Did you know you can refinance your student loans and save on average $14,417 over the course of your loan? Our lenders offer a variety of options aimed at saving you most money they can.
You'll likely need a picture of your driver's license, paystub, and a screenshot of your current student loan. Our lenders make it easy by simply uploading pictures.
If you have a Bachelors, Masters, or PhD, you are eligible to refinance. Lenders generally work with individuals with good credit and who are currently employed.
^ 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 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account. The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. Variable rates may increase after consummation.
1 Subject to credit approval. Terms and conditions apply. To qualify for refinancing or student loans consolidation through ELFI, you must have at least $15,000 in student loan debt and must have earned a bachelor's degree or higher from an approved post-secondary institution.