Press Release: BestCompany.com Releases Its Updated Student Debt Refinancing and Consolidation Company Rankings - December 2016

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Written by Doug Reader | Last Updated October 25th, 2019
Our goal, here at Best Company, is to provide you with honest, reliable information you need to find companies you can trust.

FOR IMMEDIATE RELEASE

BestCompany.com Releases Its Updated Student Debt Refinancing And Consolidation Company Rankings - December 2016

Pleasant Grove, UT - December 5, 2016 - BestCompany.com has released its student debt refinancing and consolidation company rankings. These rankings reflect BestCompany.com's top recommended to the least recommended car warranty company.

 

 
 
Rank
Company *Overall Score
#1 SoFi 9.6
#2 Credible 9.0
#3 CommonBond 7.9
#4 LendKey 7.8
#5 Darien Rowayton Bank 7.8
#6 EDvestinU 7.5
#7 College Ave Student Loans 7.2
#8 Earnest 7.2
#9 Citizens Bank 6.7
#10 UW Credit Union 6.7
#11 Federal Student Aid 6.4
#12 U-FI Student Loans 6.3
#13 Purefy 6.2
#14 Discover 5.8
#15 Rhode Island Student Loan Authority 5.6
#17 WSFS Bank 5.2
#18 Navy Federal Credit Union 4.8
#19 Wells Fargo 4.7
#20 Alliant Credit Union 4.2
#21 First Republic Bank 4.2
#22 NIH Federal Credit Union 3.0
#23 Elements Financial 2.9
#24 Nelnet 2.9
#25 Upstart 2.8

*The overall score is out of a possible 10.

 

The criteria used to calculate rankings was developed using consumer polling, consumer reviews, and market research. The following criteria was considered when calculating rankings:

  • Interest rate competitiveness
  • Eligible loan types
  • Loan features
  • Refinancing options
  • Consolidation options
  • Terms offered
  • Forbearance/deferment options
  • Eligibility requirements
  • Past and present lawsuits brought against the company
  • Consumer reviews

To learn more about the ranking criteria used to inform these rankings, click here.

BestCompany.com found SoFi, Credible, CommonBond, LendKey, and Darien Rowayton Bank to be in the top five student debt refinancing and consolidation companies. These top companies typically provide competitive rates and terms, refinancing and consolidation options, and better loan features.

 

About BestCompany.com
BestCompany.com provides expert-driven rankings and real customer reviews for over 4,200 companies spanning more than 120 industries. Founded in 2014, our mission is to first empower everyday consumers to make better decisions when dealing with companies, and second to improve transparency and customer service among the businesses we review. We believe in holding businesses accountable by making the voice of the customer heard, and celebrating businesses that put their customers first. For more information about BestCompany.com, our mission, and our methodology, visit our About Us page.

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The Top Student Debt Companies

company logo
#1 MoneySolver chevron_right
9.2 Overall Score
4.4
starstarstarstarstar_half
(76)
company logo
#2 Credible chevron_right
7.5 Overall Score
4.4
starstarstarstarstar_half
(52)
company logo
#3 SoFi chevron_right
7.2 Overall Score
3.9
starstarstarstar_halfstar_border
(55)

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