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Ready to take control of your student loan situation and refinance your student loans? Here are our recommendations for the best student loan refinance companies in 2020. We’re excited to offer you special Student Loan Gal deals of up to $200 off with most of these lenders!
Click here to learn more about our selection criteria-
- Competitive interest rates. First and foremost, we want to help you save the most money on your student loans. These lenders offer competitive rates, meaning you can stop wasting so much money on interest.
- Flexible repayment terms. Maybe you want a five-year term; maybe you want 15. These lenders offer a range of repayment terms so you can pick the one that best fits your goals.
- Both undergraduate and graduate student loans are eligible. All these lenders offer refinancing of your college and/or grad school student loans, federal or private.
- No hidden fees. None of these lenders charge origination, disbursement, or prepayment fees on your loan.
- Instant rate quotes. Before choosing a lender, it’s smart to shop around and compare rates. These lenders offer instant online rate quotes so you can check your offers without impacting your credit at all.
- Choice of interest type. All these lenders offer fixed rates, which stay the same over the life of your loan, and variable rates, which start lower but could rise over time. The choice is yours.
- Great customer service. Managing loans can be tricky, and you want an available support team that will answer your questions. All these lenders have solid reputations for customer service.
1. LendKey
- Rates start at 4.54% variable and 4.49% fixed
- Repayment terms of 5 – 20 years
- LendKey is a student loan refinancing marketplace that lets you compare multiple offers at once from credit unions and community banks.
- Special Student Loan Gal offer: Get $200 cash back!
2. Earnest
- Rates start at 4.99% variable and 4.47% fixed
- Repayment terms of 5 – 20 years
- Special Student Loan Gal offer: Get $200 cash back!
3. Laurel Road
- Rates start at 4.22% variable and 3.97% fixed
- Repayment terms of 5, 7, 10, 15, and 20 years
- Special Student Loan Gal offer: Get $120 cash back!
4. Credible
- Rates from 4.53% variable and 4.40% fixed
- Repayment terms of 5 – 20 years
- Credible is a refinancing marketplace that makes it easy to compare several offers from various lenders at once.
- Special Student Loan Gal offer: Get $200 back when you refinance $30,000 or more; get $100 back when you refinance less than $30,000
5. SoFi
- Rates start at 5.09% variable and 4.74% fixed
- Repayment terms of 5, 7, 10, 15, and 20 years
- Special Student Loan Gal offer: Get $100 welcome bonus!
6. Education Loan Finance (ELFI)
- Rates start at 4.53% variable and 4.83% fixed
- Repayment terms of 5, 7, 10, 15, and 20
- Special Student Loan Gal offer: Get $100 cash back!
What’s next?
Get answers to all your burning questions in our Student Loan Refinancing FAQ.
Not sure if refinancing is right for you? Check out the pros and cons.
Happy saving!