8 days ago
Credible, a third-party student loan refinancing company, was founded in 2012. Rather than providing refinancing rates from a single lender, Credible instantly provides users with a dashboard of rates from multiple lenders. The dashboard gives users a side-by-side comparison of APR, monthly payment, and more. Finding a rate through Credible is absolutely free.
SoFi is quickly becoming one of the largest providers of student loan refinancing and consolidation. Although still relatively new, the company has helped almost 200,000 individuals save thousands on their student loans. Competitively low rates, unemployment protection, and a high level of customer support set SoFi apart from other companies in the industry.
Docupop offers federal student loan borrowers the fastest, most efficient way to find and file for the perfect repayment program to fit their unique needs. Once a customers' information is entered into the DocuPop, DocuPop's system generates the best repayment plan options. Overall, DocuPop is a great service for those looking for help with federal student loans.
CommonBond was formed by three graduate students (David Klein, Jessup Shean, and Mike Taormina) looking for a solution to high interest rates for student loans. CommonBond is one of several companies to emerge out of the student debt crisis and works with investors such as August Capital, NYCA, Tribeca Venture Partners, and more.
Loans are typically used to refinance graduate degrees, but can also be used to refinance undergraduate degrees. In addition to offering refinancing loans, the company also offers MBA student loans and personal loans. CommonBond has a minimum refinance amount of $5,000.