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Find the right refi lender for you

Refinance your student loan and save. Plus, you could earn $200 when you go through NerdWallet.

Graduate to a better student loan

Refinancing your student loans can save you thousands — either by shrinking your interest rates or tapping into other unique (and sometimes creative) perks. Better yet, it’s free to refinance and you can get prequalified in less than ten minutes.

See the lenders that make the grade

To help you find the right lender, we selected a handful of standouts from our partners.

  • CommonBond: lets borrowers temporarily pause payments for up to 24 months — longer than most other lenders.
  • Earnest: borrowers can choose their own monthly payment amount and increase it at anytime to become debt-free faster.
  • ELFI: assigns each applicant a dedicated loan advisor to help make the refinancing process easier.
  • Penfed: one of the only lenders that allows married couples to refinance their loans together.

Lender

Fixed APR

Variable APR

Min credit score

CommonBond

NerdWallet rating

Show Details

Fixed APR

3.2-7.25%

Fixed

Variable APR

2.57-7.25%

Variable

Min credit score

660

on CommonBond's secure website

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Earnest

NerdWallet rating

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Fixed APR

3.49-6.32%

Fixed

Variable APR

2.57-5.87%

Variable

Min credit score

650

on Earnest's secure website

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Education Loan Finance

NerdWallet rating

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Fixed APR

3.09-6.69%

Fixed

Variable APR

2.55-6.01%

Variable

Min credit score

680

on Education Loan Finance's secure website

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PenFed

NerdWallet rating

Show Details

Fixed APR

3.25-7.03%

Fixed

Variable APR

2.72-7.46%

Variable

Min credit score

670

on PenFed's secure website

Show Details

Start saving (a ton) on your student loans.