Prodigy Finance Reviews: Student Loan Refinancing and Private Student Loans
Prodigy Finance offers graduate loans and refinancing for international students and doesn't require a co-signer.
Student loan ratings

Student loan refinancing
Private student loan
The bottom line: Prodigy Finance is an online lender offering loans to international grad students and refinancing to international graduates working in the United States. Its refinancing loan is best for international working graduates without U.S. credit history or a co-signer. Its private loan is best for international students in the U.S. without co-signers.
Student loan refinancing review

Prodigy Student Loan Refinance
4.5
NerdWallet ratingVariable APR
6.56 - 8.65%
Pros
- The only lender that offers non-co-signed student loan refinancing for international graduates.
- No co-signer or U.S. credit history needed.
Cons
- No fixed interest rates.
- Available only to borrowers in Colorado, Connecticut, Florida, Georgia, Illinois, Kansas, Kentucky, Maryland, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Utah, Virginia, Wisconsin.
Best for international working graduates without U.S. credit history or a co-signer.
Full Review
Prodigy Finance’s refinanced loan is for international students who have graduated and are working in the U.S. (U.S. citizens can refinance student loans with better terms and more beneficial repayment options from other lenders. If you're a U.S. citizen, check other student loan refinancing options.)
Prodigy has no U.S. credit history requirements and its interest rates are determined by an assessment of an individual's ability to pay, including income. The typical debt-to-income ratio of approved borrowers is 8%. Prodigy considers a borrower's student loan payments as the "debt" factored into its assessment. Use a debt-to-income calculator to find out your ratio.
Prodigy Finance student loan refinancing at a glance
Ideal for international students without U.S. credit history.
Offers only variable interest rates.
Best for higher-income individuals: The average approved income among borrowers is $139,140.
How Prodigy Finance could improve
Prodigy Finance could improve its student loan refinance product by offering:
Refinancing to borrowers in all 50 states.
Defined forbearance and deferment options for borrowers.
Biweekly student loan payments via autopay.
How much can refinancing save?
Prodigy Finance student loan refinancing details
How to refinance with Prodigy Finance
You can apply for a Prodigy Finance refinanced student loan on its website. Before deciding on a student loan refinance lender, compare multiple student loan refinance options to make sure you’re getting the best rate you qualify for. In addition to interest rates, compare lenders’ repayment options and the flexibility they offer borrowers who are struggling to make payments.
International graduates working in the U.S. have only a few ways to reduce their student loan costs. Compare international student loan refinancing options.
How does this loan compare?
Fixed APR2.99 - 6.88% | Fixed APR2.98 - 5.79% |
Variable APR2.25 - 6.43% | Variable APR1.99 - 5.61% |
Min. Credit ScoreDoes not disclose | Min. Credit Score680 |
Private student loan review

Prodigy Private Student Loan
4.5
NerdWallet ratingVariable APR
7.52 - 12.00%
Pros
- Offers a hard-to-find option: non-co-signed student loans for international students.
- You can see if you’ll qualify and what rate you’ll get without a hard credit check.
Cons
- No fixed interest rates.
- Not available to borrowers in all 50 states including: Alabama, Arizona, Arkansas, California, Delaware, Hawaii, Idaho, Indiana, Louisiana, Maine, Montana, Nevada, North Dakota, Oregon, Rhode Island, South Dakota, Vermont, Washington and Wyoming.
Full Review
Unlike many other international and private loan options, Prodigy requires no co-signer or collateral. Interest rates are determined by a borrower’s future earnings potential as well as credit history.
However, Prodigy Finance should be used only for its primary purpose: fulfilling lending needs for international students. U.S. students have access to federal student loans and can get private loans with better terms and more beneficial repayment options from other lenders. If you're a U.S. citizen in search of a private student loan, you can compare lenders here.
Prodigy Finance's private student loan at a glance
Best for international students without a co-signer or U.S. credit history.
20% of borrowers qualify for the lowest-advertised interest rate.
Borrowers receive, on average, $40,000 in loans.
How Prodigy Finance could improve
Prodigy Finance could improve its private student loans by offering:
Loans to borrowers living in all 50 U.S. states.
Set forbearance and deferment options for borrowers.
Biweekly student loan payments via autopay.
Prodigy Finance private student loan details
How to apply for a Prodigy Finance student loan
You can apply for a Prodigy Finance student loan on its website. Before taking out a Prodigy Finance student loan or any other private student loan, exhaust your federal student loan options first. Submit the Free Application for Federal Student Aid, known as the FAFSA, to apply.
» MORE: NerdWallet’s FAFSA Guide
Compare your international student loan options to make sure you’re getting the best rate you qualify for. In addition to interest rates, look at lenders’ repayment alternatives and the flexibility they offer to borrowers who struggle to make payments.
Student loans ratings methodology
NerdWallet believes the best student loan is one you can repay at the lowest interest rate you can get. That’s why NerdWallet’s student loan ratings reward lenders that offer a variety of loan terms, limit their fees and penalties, and extend borrowers multiple options to avoid default. Points are also awarded for soft credit checks, underwriting transparency and other consumer-friendly features. Use these ratings as a guide, but we encourage you to shop around for the lowest interest rate you can qualify for. NerdWallet does not receive compensation for its reviews. Read our editorial guidelines.