ADVERTISING DISCLOSURE

If you are looking to lower your interest rate, lower your monthly payment, or pay your loans off faster, then we recommend the following highly-rated lenders:

Online refinancing with lower rates.

  • Variable APR: Starting at 2.39%
  • Loan Types: Variable & Fixed
  • Eligible Loans: Federal, Private, Parent

Online refinancing in minutes.

  • Variable APR: Starting at 3.21%
  • Loan Types: Variable & Fixed
  • Eligible Loans: Federal, Private, Parent

Low-rate, no-fee student loans.

  • Variable APR: Starting at 3.22%
  • Loan Types: Variable & Fixed
  • Eligible Loans: Federal, Private, Parent

Get your rate in 2 minutes.

  • Variable APR: Starting at 2.70%
  • Loan Types: Variable & Fixed
  • Eligible Loans: Federal, Private, Parent

Online refinancing with lower rates.

  • Variable APR: Starting at 1.99%
  • Loan Types: Variable & Fixed
  • Eligible Loans: Federal, Private, Parent

Offers flexible repayment options.

  • Variable APR: Starting at 3.49%
  • Loan Types: Variable & Fixed
  • Eligible Loans: Federal, Private, Parent
"Learning about which companies would give me the most competitive rate to refinance my student loans here was invaluable. I was able to obtain multiple offers and refinance to drop my interest rate by over 4%! When I have a finance question, my first stop is The Finance Twins!"
Amanda Porter, MD
Physician

Refinance Rates Are Reaching New Lows

If you want to save money or pay off your student loans faster, then refinancing can help you do that.

When you refinance student loans, you replace all of your current student loans with a single new student loan with a lower interest rate.

Make sure to apply and compare the best interest rates and terms from a few of the lenders above. Just like with anything else, you’ll want to shop around for the best rate.

Will I Qualify To Refinance?

You won’t know if you qualify until you apply.

However, the best applicants have the following in common: A credit score of 650+, currently employed (or have a job offer), a low debt-to-income ratio, and no history of student loan default.

If you have bad credit or can’t check off the other boxes, you’ll likely need to apply with a co-signer.

Each lender’s decision is independent, so being rejected by one does not mean that you’ll be rejected by all of them.