5 Best Student Loan Refinance Lenders and Expert Insights

Student loan refinancing is a great way to lower interest rates and speed up debt elimination. However, refinancing isn't the best choice for all borrowers.

Written By: Michael P. Lux, Esq.

Last Updated:

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Who Should Refinance?

  • Borrowers with federal student loans should only refinance in very limited circumstances. Given the current interest rates offered by lenders, federal refianancing usually doesn't make sense.
  • Borrowers with private loans should refinance if they can get a lower interest rate or better loan terms.

Refinance Requirements

Getting the Best Rate

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Note: The lowest listed rate for each lender is listed as an APR and includes a .25% autopay discount where available. The industry standard among nearly all lenders is to offer this discount.

Click here for the full list of national lenders and reviews.
Methodology: Learn how these rankings are generated.

The Latest News and Updates on Student Loan Refinancing:

PNC consolidation comparison

PNC Student Loan Refinance Review

PNC is the last big bank left in the student loan refinance business. Interest rates in some categories are decent, but overall PNC doesn’t stack up against the competition. Overall rating: 2.5/5.