Student Loan refinance companies help you consolidate your student loans into one affordable monthly payment.
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#1FlexOffers - LendKey
  • Reduce monthly payment up to 40%, average savings $15,270
  • Rates as low as 2.52% (variable) or 3.25% (fixed APR)
  • 5, 7, 10, 15, and 20-year terms available
  • No obligation to accept
  • No fees or prepayment penalties
 FlexOffers - LendKey
#2 SoFi - Student Loans
  • SoFi members save an average of $22,359 by refinancing their student loans**
  • Find your rate in two minutes
  • Consolidate and refinance your federal or private student loans
  • As low as 2.615% (adjustable) or 3.350% (fixed APR, with Autopay)
 SoFi - Student Loans
#3 Rakuten - LendingTree - Student Loans
  • Refinance now before rates rise
  • Customers can save an average of $14,517
  • Compare rates for free.
  • A+ BBB Accredited Company
 Rakuten - LendingTree - Student Loans
#4 College Ave - Student Loan Refinancing
  • Get an instant quote in three minutes
  • No fees to apply or
    penalties for early payoff
  • Build a repayment
    plan that fits your life
  • A+ BBB Accredited Company
 College Ave - Student Loan Refinancing
#5 Credible
  • Rates start for as low as 2.58% variable and 3.74% fixed APR
  • Find your rate in two minutes
  • Checking your rates does not affect your credit score
  • Select from multiple student refinance offers

Refinance Your Student Loans and Save Thousands of Dollars

About 70 percent of college students are graduating with student loan debt these days. If you’re one of them, it’s well worth your time to consider refinancing.

Refinancing sounds like a long and complicated process, but it’s actually pretty easy. How does student loan refinancing work?

Basically, if you’re approved, a refinancing company will pay off your old loan and give you a new loan at a lower interest rate.

There are a lot of benefits to refinancing. You can get a lower monthly payment, for one. And the reduced interest rate can save you thousands of dollars over the life of your loan – especially if you refinance early on in your repayment. Some companies even offer special benefits to their customers, such as unemployment protection programs.

You generally need to have good or excellent credit in order to refinance your student loans, but it doesn’t hurt to check your eligibility and the companies’ rates – it’s free, and you could potentially save thousands. So round up your student loan information and get started!



So how do you make student loan refinancing work for you?

Make sure that you know whether your student loans are federal or private. If you refinance federal student loans with a private lender, you lose out on their many benefits, like income-based repayment or public service loan forgiveness.

Don’t refinance federal loans unless you’re willing to give up these benefits.  Take time to understand the pros and cons of your particular loan and whether refinancing is the right choice for you.

Lastly, make sure you clearly understand how much you’ll save by refinancing.

For example, if you refinance for a longer term than what you currently owe, you could end up spending more in the long run! To compare how much you’ll save over the life of the loan, check out this snazzy refinancing calculator.