Top 5 Student Loan Refinance Companies

Your student loan refinance may be a no brainer, but which of the many student loan lenders should you choose. We have ranked the top 5 student loan refinance companies that you should consider when trying to save yourself money by refinancing your student loans.

There are a lot of reasons to work with a lender or not. The biggest one is the rate they offer and the associated fees involved, plus whether the rate is fixed or variable. Second would be their customer service based on real customer reviews.

Our Top 5 Student Loan Lender Picks:

#1 – Sofi

  • Low variable rates and fixed rates
  • Simple online application process
  • Variety of repayment terms from 5 to 20 years
  • No fees for applying, origination or pre-payment
  • Amazing online customer community

#2 Education Loan Finance

  • Low rates for the right person
  • Easy online application
  • Co-signer release option
  • No fees for applying, origination or pre-payment

#3 LendKey

  • Great fixed rates and variable rates
  • Multiple repayment terms
  • Online application process
  • Co-signer release optional after 12 on-time payments
  • Zero application or origination fees, plus no prepayment penalties

#4 CommonBond

  • Lower rates with autopay
  • Repayment options from 5 to 20 years
  • Convenience online application
  • Unemployment protection
  • No application fees, origination fees, or pre-payment fees

#5 Earnest

  • Competitive low rates
  • Wide range of repayment terms – 5 to 20 years
  • Fast and easy online application
  • No application fees, origination fees, or pre-payment fees
  • Unemployment protection is available if needed

If you are still in the researching phase of refinancing your student loans, be sure to take the time to get a rate quote from each of these lenders, by filling out an online application. All five of these lenders only require a soft pull of your credit, which means it won’t show up on your credit report or negatively impact your credit score.

In conclusion – Do your research and be sure you have considered all of the things you should before doing your student loan refinance. For more tips and information – read this article to be sure you’re up to speed – Pros and Cons of Consolidating Student Loans.

See student loan refinance rates