Student loan debt is a real problem. According to The National Student Debt Report, 2015, the average student now owes $37,172 in loans. That’s up from $31,000 just four years ago. Fortunately, there are ways to get out of debt and start fresh.

One popular way to do this is by refinancing your student loans. Refinancing can save you money in the long run, since you can often get better terms on your loans than you would if you were to take out a new loan. In this article, we will explore some of the best ways to refinance your student loans. We will also provide tips on how to get the best deals and make sure that you understand all of your options before making a decision.

Earnest Student Loan Refinancing

Earnest Student Loan is a company that offers student loan refinancing. They offer a number of refinancing options, including fixed-rate and adjustable-rate refinancing. They also have a range of loan terms available, from short-term to long-term refinancing.

Earnest Student Loan offers a number of refinancing benefits. They include:

Low interest rates : Earnest Student Loan offers low interest rates for both fixed-rate and adjustable-rate refinances. This makes refinancing a cheaper option than borrowing from the bank or getting a traditional student loan.

Earnest Student Loan offers low interest rates for both fixed-rate and adjustable-rate refinances. This makes refinancing a cheaper option than borrowing from the bank or getting a traditional student loan.

No prepayment fees : Most lenders charge pre-payment fees when you want to refinance your student loans. However, Earnest Student Loan doesn’t charge any pre-payment fees for their refinance loans. This means you can refinance your loans without worrying about extra costs.

Most lenders charge pre-payment fees when you want to refinance your student loans. However, Earnest Student Loan doesn’t charge any pre-payment fees for their refinance loans. This means you can refinance your loans without worrying about extra costs.

Wide range of loan terms : Earnest Student Loan offers a wide range of loan terms, from short-term to long-term refinancing. This means you can find the perfect refinancing option for your needs.

Earnest Student Loan offers a wide range of loan terms, from short-term to long-term refinancing. This means you can find the perfect refinancing option for your needs.

Easy application process: The application process with Earnest Student Loan is easy and straightforward. They have simplified the application process so that it’s easy to understand. You can apply online or through their contact form.

The application process with Earnest Student Loan is easy and straightforward. They have simplified the application process so that it’s easy to understand. You can apply online or through their contact form.

Auto repayment options: Earnest Student Loan offers you the option to have your loans automatically repaid by either your bank or the government. This makes it easier for you to manage your finances and avoid any late fees or penalties.

SoFi Student Loan Refinancing

SoFi is a great solution for  refinancing student loans. They offer low interest rates and a number of refinancing options, so you can find the best solution for your needs.
There are a few things to keep in mind when refinancing student loans with SoFi:

First, you’ll need to have good credit. SoFi only offers loans to people with excellent credit ratings, so make sure you have a strong score before you apply.

Second, you’ll need to be aware of the amount of money you can borrow. SoFi offers different refinance options based on your debt balance and borrowing history.

Finally, make sure you understand the terms of your refinance agreement before you sign it. There are certain rules and limitations that may apply, so be sure to read the fine print.

PenFed Student Loan Refinancing

PenFed offers student loan refinancing services that allow students to lower their interest rates and terms on their existing student loans.

Students can refinance their federal or private student loans with PenFed, depending on the loan type and credit score. PenFed offers fixed-rate loans with terms of up to 30 years and variable-rate loans with terms of up to 15 years.

Refinancing can reduce the overall cost of your student loan, as well as extend the term of your loan. Depending on your credit score and other factors, refinancing may also provide increased financing options for you.

Splash Financial Student Loan Refinancing

If you’re considering refinancing your student loan then Splash Financial can help. They offer low-cost refinancing products for both private and federal loans, so you can get the best possible deal.

Refinancing your student loan can save you money in the long run. If you’re able to get a lower interest rate then you’ll be paying less each month and over time that will add up to significant savings. Plus, refinancing can improve your credit score, which could make it easier to get a new mortgage or other loan in the future.

If you’re interested in refinancing your student loan, contact Splash Financial today to learn more about their products and how we can help you save money.

Citizens Bank Student Loan Refinancing

Citizens Bank has been offering student loan refinancing since 1996. With Citizens, refinancing can be a hassle-free experience. All you need is a good credit score and enough equity in your home.

If you’re interested in refinancing your student loans with Citizens Bank, start by completing their online form. Their loan officers will provide you with an estimate of what your new loan terms would be, and how much money you could save. If you meet the qualifications, Citizens Bank can Refinance your student loans for you.

LendKey Student Loan Marketplace

LendKey is a student loan marketplace that  connects borrowers with lenders. The marketplace offers a variety of loan options, including private, federal, and graduate student loans.

Borrowers can search for loans based on their credit score, the amount of money they want to borrow, and the terms of the loan. LendKey also offers a Debt Reduction Calculator to help borrowers estimate how much money they can save by refinancing their loan.

Final Thoughts

There are many student loan options available, and choosing the right one can be a complicated process. However, by using resources like the ones listed in this article, you can help make the process easier.