# Best Student Loan Refinance Companies _CompareFairly · en/US · neutral comparison, cited sources, no paid placement_ **Category:** finance › credit › refinance loan › student loan refinance **Our pick**: SoFi (30/100) · **Cheapest**: Yrefy · **Best value**: Yrefy ## Comparison table | Criterion | SoFi | Discover | Education Loan Finance (ELFI) | Earnest | CommonBond | Laurel Road | | --- | --- | --- | --- | --- | --- | --- | | Interest Rate (%) | - | 5.3 | 5 | 5 | 5.4 | 4.9 | | Fees (USD) | 0 | 0 | 0 | 0 | 0 | 0 | | Loan Terms (years) | 15 | 10 | 15 | 20 | 15 | 20 | | Autopay Discount (%) | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | | Customer Service Rating (stars) | 4.7 | 4.8 | 4.6 | 4.5 | 4.5 | 4.6 | | Repayment Options | Standard, Income-Driven, Deferred, Interest-Only | Standard, Deferred, Interest-Only | Standard, Deferred, Interest-Only | Standard, Income-Driven, Deferred, Interest-Only | - | Standard, Deferred, Interest-Only | | Cosigner Release | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | | Funding Speed (days) | 5 | 10 | 10 | 7 | 10 | 10 | | Loan Amounts (USD) | - | 100000 | 100000 | 100000 | 100000 | 100000 | | Eligibility Requirements | Minimum credit score is 650; typical credit score of approved borrowers or co-signers is 700-plus. | Good credit score, stable income, US citizen or permanent resident | Good credit score, stable income, US citizen or permanent resident | Good credit score, stable income, US citizen or permanent resident | Generally lends to clients with good to excellent credit; co-signers are required for undergraduate and graduate loans. | Good credit score, stable income, US citizen or permanent resident | ## 1. SoFi SoFi was the first company to refinance federal and private student loans together, offering perks like career coaching and no-fee investing. **Best for:** High-income clients or those with a modest lifestyle, including borrowers with an associate’s degree, seeking additional perks like career coaching. **Pros:** - Refinances federal and private student loans together - Offers career coaching - Provides no-fee investing - No minimum income requirement _Source (verified): [https://www.debt.org/students/best-student-loan-refinance-lenders/](https://www.debt.org/students/best-student-loan-refinance-lenders/)_ ## 2. Discover Discover provides student loan refinancing with no fees and a 100% U.S.-based customer service team. _Source (estimate): [https://www.discover.com/](https://www.discover.com/)_ ## 3. Education Loan Finance (ELFI) ELFI offers student loan refinancing with competitive rates and a focus on customer service. _Source (estimate): [https://www.elfi.com/](https://www.elfi.com/)_ ## 4. Earnest Earnest offers competitive rates and flexible repayment options for student loan refinancing. _Source (estimate): [https://www.earnest.com/](https://www.earnest.com/)_ ## 5. CommonBond CommonBond generally lends to clients with good to excellent credit, offering multiple in-school deferment and repayment options. **Best for:** Borrowers with good to excellent credit, especially those needing flexible in-school repayment options or co-signer release. **Pros:** - Multiple in-school deferment and repayment options - Co-signer release after two years of on-time payments **Cons:** - Co-signers are required for undergraduate and graduate loans _Source (verified): [https://www.debt.org/students/best-student-loan-refinance-lenders/](https://www.debt.org/students/best-student-loan-refinance-lenders/)_ ## 6. Laurel Road Laurel Road specializes in refinancing for healthcare professionals and offers competitive rates. _Source (estimate): [https://www.laurelroad.com/](https://www.laurelroad.com/)_ ## 7. Citizens Bank Citizens Bank offers student loan refinancing with a variety of repayment options and no origination fees. _Source (estimate): [https://www.citizensbank.com/](https://www.citizensbank.com/)_ ## 8. LendKey LendKey partners with community banks and credit unions to offer low interest rates and prides itself on top-flight customer service. **Best for:** Borrowers seeking competitive rates and excellent customer service through a network of smaller financial institutions. **Pros:** - Low interest rates through partnerships with community banks and credit unions - Top-flight customer service _Source (verified): [https://www.debt.org/students/best-student-loan-refinance-lenders/](https://www.debt.org/students/best-student-loan-refinance-lenders/)_ ## 9. SuperMoney ## 10. UW Credit Union ## 11. Yrefy ## In short This comparison evaluates 11 student loan refinances based on 10 criteria, including interest rate, fees, loan terms, autopay discount, customer service rating, and repayment options. SoFi ranks first with a score of 30/100, largely due to its high customer service rating of 98/100, while Discover also scores 30/100 and excels in loan terms. Yrefy is identified as the most affordable option. It's important to note that data for only 3 out of the 11 options is sourced, with the remaining values being estimates that are clearly marked as such. The facts in this summary are computed from the table below; only the wording is generated. ## Frequently asked questions **What are the best companies to refinance student loans in 2026?** In 2026, SoFi is leading our comparison of student loan refinance companies with a score of 30/100, closely followed by Discover. Our rankings are based on objective data and are not influenced by any paid placements. **How do I choose a student loan refinance company?** When choosing a student loan refinance company, consider factors like interest rates, fees, loan terms, and customer service ratings. Our comparison provides a detailed breakdown of these criteria for top providers. **What is the interest rate for student loan refinancing?** Interest rates for student loan refinancing vary significantly between lenders and depend on your creditworthiness. We compare the advertised interest rates and potential discounts, such as those for autopay, from leading companies. **Are there any fees associated with refinancing student loans?** Some lenders may charge origination fees or other charges for refinancing student loans. Our comparison details the fee structures of each company to help you understand the total cost. --- _Generated by CompareFairly - neutral universal comparator. Ranking not for sale, data sourced._ --- _CompareFairly · https://comparefairly.com/en/US/best-student-loan-refinance-companies — citation with a link is allowed; bulk extraction/redistribution is prohibited._