Need help navigating through your student loans? Read about our student loan repayment plan HERE.

One of the smartest things you can do to knock out your student loans is to lower your interest rate by refinancing your loans.

If you have decided to refinance your student loans, or if you have maxed out all of your federal options and need a private lender, we have composed a list of our favorite legit options. We keep this list updated, so as we learn of other options we add them. If you choose to refinance, use any of the links below to automatically earn $100-$300.


Credible is an excellent student loan source. It streamlines most of these options into one place, by partnering with several companies. You will enter in your info, and they will help you choose the company that will work best for your situation (i.e. the one with the lowest interest rate for you, or best terms)

It offers rates as low as 2.13% variable and 3.74% fixed APR through its partnerships. It also boasts:

  • No service fee
  • No origination fee
  • No prepayment fee
  • Terms from 5 to 25 years.


  • With Commonbond you can refinance up to $500,000 in private and federal student loans (helpful for people like us who actually have this much debt)
  • Terms of 5, 10, 15, or 20 years
  • Rates as low as 2.22% (variable), 3.50% (fixed) and 3.81% (hybrid)
  • It offers member protections including unemployment protection
  • No application, origination, or pre-payment fees


  • SoFi is quickly becoming one of the most popular choices among millennials.
  • Refinance and consolidate both federal and/or private student loans
  • Rates as low as 2.23% (variable) or 3.50% (fixed)
  • 5, 10, 15, 20 year repayment terms
  • Zero application fees, origination fees, or pre-payment fees
  • Offers unemployment protection


  • With College Avenue you can also refinance and consolidate both federal and/or private student loans
  • Rates as low as 2.63% (variable)
  • Takes about 3 minutes to get an instant decision (we tried it!)
  • Terms from 5-15 years
  • No application fees, origination fees, or pre-payment fees
  • Refinance amounts as low as $5,000 (federal & private)
  • 2 year interest-only option available


  • allows you to refinance with a not-for-profit credit union
  • Terms of 5, 10, 15, or 20 years
  • Rates as low as 2.22% for variable rates, 3.50% for fixed
  • Cosigner release is available after 12 months
  • No application, origination, or pre-payment fees


P.S. Be careful of student loan scams! The College Investor has a list of scams that you should watch out for, HERE.

If you have a company that you have used for your student loans, (and you like them) leave us a comment so that we can check them out!