Benefits of Refinancing with Earnest
- Low interest rates, starting at 5.88% APR for variable-rate loans and 3.99% for fixed-rate loans (including a 0.25% autopay discount)
- No origination fees, pre-payment penalties, or hidden charges
- Pick a payment amount customized to your monthly budget
- Manage your payments from our web dashboard or iOS app
Student Loan Refinancing
PayDown Rewards®
As a Gradifi member, you will earn an additional $300 PayDown Rewards® bonus1 for eligible loans!
PayDown Rewards® are free rewards that you earn for doing various activities on Gradifi and apply to your student loans. You can get out of debt faster by earning these additional payments and saving interest.
Eligibility
You must meet the following requirements:
- You currently reside in the District of Columbia or one of the 49 states we lend in (we do not lend in Nevada).
- Have an outstanding loan balance with a minimum of $5,000 up to a maximum of $500,000.
- You have a minimum credit score of 665.
- You are the primary borrower on the student loans you would like to refinance.
- Your student loans were used to pay for a completed degree from a college or university that is accredited under Title IV. If you are unsure whether your school is accredited, you can consult this list.
- You are a U.S. citizen or possess a Permanent Resident Card (10-year non-conditional or 2-year conditional), are a Deferred Action for Childhood Arrivals (DACA) Recipient, are an Asylee, or hold an H-1B visa with a U.S. Citizen cosigner.
About Earnest
Earnest is an online lender dedicated to client happiness. Their mission is to democratize access to low-cost credit, using software and data science to streamline the lending process and reduce rates for their clients. With their proprietary Precision Pricing™ algorithm, Earnest lets clients customize their payment plan to fit their budget, and their iOS app and expert Client Happiness team make managing your loan easy.