NerdWallet and Magoosh: Repaying Your Student Loans

Repay your student loans with confidence.

NerdWallet and Magoosh Online Test Prep have teamed up to bring you the tools to repay your student loans. Read on to learn more about your options and how NerdWallet can help you get on track.

Repayment Plans

Know which plan makes the most sense for your specific needs. This guide will walk you through each option to help you choose the one that’s right for you.

Refinance Student Loans

Refinancing could give you lower interest rates. Compare multiple lenders and see your potential savings.

When refinancing makes sense

If you’re tired of making sky-high interest rate payments, student loan refinancing may be a good option. Refinancing can save you money by replacing your existing student loans with a new, lower-rate loan, and is best for borrowers with a good credit history and steady income.

The right refinance lender for you depends on your priorities. Borrowers often look for the lowest interest rate possible, but it’s worth checking out the various features each lender offers. Check out our table below to compare your options.

How NerdWallet can help you

Save money

Read our articles below and learn all you need to know to save money through refinancing.

Compare options

Our tools offer an impartial look at student loan refinancing lenders to help you choose the offer that’s best for you.

Get expert advice

NerdWallet gives you the guidance you need to finance your education and pay back your student loans.

Student loan refinance options

The best refinance lender for you depends on your priorities. Borrowers often look for the lowest interest rate possible, but it’s worth checking out the various features each lender offers. See our reviews for the full details.

Lender	APR ranges*	Average credit score	Eligible loan balances	NerdWallet review
*All APR ranges include a 0.25% autopay discount if available. See additional offer disclosures below.
Get Started	Fixed: 3.35% to 6.74 Variable: 2.79% to 6.72%	750+	$5,000 up to the full balance of your student loans	SoFi review
CommonBond Get Started	Fixed: 3.35% to 6.74% Variable: 2.79% to 6.72% Hybrid: 3.82% to 6.37%	750+	$5,000 to $500,000	CommonBond review
Get Started	Fixed: 3.35% to 6.49% Variable: 2.79% to 6.46%	700+	$5,000 to $500,000	Earnest review
Get Started	Fixed: 3.50% to 7.28	770	$7,500 to $150,000	Purefy review
Get Started	Fixed: 4.20% to 7.20% Variable: 3.76% to 6.42%	750+	$5,000 up to the full balance of your student loans	Laurel Road review
Get Started	Fixed: 3.19% to 6.69% Variable:2.39-6.01%		$15,000 to $250,000	Elfi review
Citizens Bank Get Started	Fixed: 3.74% to 8.24% Variable: 2.77% to 8.62%	781	Undergrads: $10,000 to $150,000	Citizens Bank review