⭐ Editor's Choice — Top Rated Pick
Earnest
📍 Available in: US
★★★★★ 4.8 / 5.0
Earnest is a fintech lender that completely revolutionized student loan refinancing. Instead of offering rigid 5, 10, or 15-year terms, Earnest lets you pick your exact monthly payment using a slider, which mathematically generates your custom term (e.g., 7 years and 3 months).
Key Facts at a Glance
| APR / Rate | 4.99% - 9.99% |
| Coverage / Loan Limit | $5,000 - $500,000 |
| Credit / Eligibility | Good to Excellent (680+) |
| Terms Available | 5 to 20 Years (Customizable) |
| Origination Fee | $0 |
Pros & Cons
✓ Pros
- ✓The slider tool lets you match your exact budget to your repayment timeline
- ✓Skip-a-payment feature is a massive safety net
- ✓Usually offers the lowest refinancing rates for high-income earners
✕ Cons
- ✕Not available in Nevada
- ✕Strict underwriting requires solid income and history
Key Features
Precision Pricing (Custom Terms)Skip a Payment once a year9-Month Grace PeriodNo Origination Fees
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