Refinance Your Student Loans and Save

Want to Score Cash for Free?

  • Acorns: Acorns is one of the most popular microsavings platforms. It literally lets you turn your spare change into investments. Join through here (must complete application) and get a $10 welcome bonus.
  • Unifimoney: This mobile banking app lets you do everything for free and takes no fees — ever. Better yet, if you join through this link you can get up to $5,000 in your new account.
  • Fundrise: Fundrise is a very easy-to-use app that allows individuals to access crowd-funded real estate investing. This option is best for users who want to make money consistently and let their money make them money. Start Investing Now.

Why should you refinance your student loan debt?  Well, it’s simple to check your rate and by doing so you can save yourself a lot of money. There are a lot of competing student loan companies and that’s good for you. That means you can get the best possible interest rate which can save you a lot of money. The average user saves $18,668 when refinancing. You can check your rate for all of the lenders on this page in under 3 minutes.

Read the Full Guide

If you have a high-interest rate on your student loans.

Fortunately, for many graduates, refinancing can be a great opportunity to help with loan payments. If you have federal or private student loans with an interest rate over 4%, then refinancing them will save you a lot of money. Student loans with 6.8% interest rates mean that you’ll need to pay $586 a month in interest alone for every $100,000 you owe. You could also refinance your student loans to a longer term to help lower your monthly payments.

If you don’t qualify for public student loan forgiveness.

Public student loan forgiveness (PSLF) was created in 2007 in order to encourage graduates to pursue full-time work in public sectors including nonprofits and government organizations. If you are working in one of these fields, and have been consistent with your payments, it’s best to weigh your options and see if refinancing or PSLF will save you more money over the life on your student loan.

How to find out what your new rate would be?

If you are interested in refinancing student loans, it’s simple to check. Here are our top 3 picks for refinancing student loans. You can get your new rate in under 2 minutes by visiting the site:

COMPANYLOAN AMOUNTVARIABLE APRLOAN TERMS (YEARS)ADDITIONAL DETAILSCOMPANY WEBSITE


Want Free Money?

  • Unifimoney: This mobile banking app lets you do everything for free and takes no fees — ever. Unifimoney is an investment and money management app built to simplify, diversify and unify your money management. Better yet, if you join through this link you can get up to $5,000 in your new account.

$5K to $300K

2.25% to 6.39%

5 - 20

✅ Cosigner Optional
✅ No Origination Fees
✅ No Prepayment Fees
✅ Unemployment Protection

Get Started

refinancing student loans

$5K to $300K

1.90% to 5.25%

5 - 20

✅ Cosigner Optional
✅ No Origination Fees
✅ No Prepayment Fees
✅ Unemployment Protection

Get Started

LendKey Student Loan Refinance

$5K to 300K

1.88% to 5.64%

5 - 20

✅ Cosigner Optional
✅ No Origination Fees
✅ No Prepayment Fees
✅ Unemployment Protection

Get Started

Want free money?

  • Robinhood is a free investing app for your phone. I really mean free all around – free to join and they don’t charge any fees to buy or sell the stock. You can get a share of stock like Apple, Ford, or Sprint for free when you join through this link. The value of the free share may be anywhere between $2.50 and $500 and fluctuates based on market movements. You’ve got nothing to lose.
Brian Meiggs
Brian is the guy behind TopSavings and My Millennial Guide and is a personal finance expert who has spent the last few years writing about how people can save and make more money. He has been quoted in several online publications, including Yahoo! Finance, NASDAQ, MSN Money, AOL, Discover Bank, GOBankingRates, Student Loan Hero, Fit Small Business, Cheapism, SmartAsset, Bankrate, RISE Credit, AllBusiness, Cheddar, Commonbond, Niche, Rewire, Credit Donkey, Debt.com, and more. He uses the free Personal Capital app to manage his cash flow and net worth.
TopSavings