Compare your student loan refi options for
good
credit in
CA

on Earnest

on Sparrow’s website

FIXED APR

4.39-9.74%

VARIABLE APR

5.89-9.74%

MIN. CREDIT

650

Qualifications

Typical credit score of approved borrowers or co-signers: 760.
Loan amounts: $5,000 to $500,000.
Must have a degree: No, but must be within six months of graduation and have income or a job.

Available Term Lengths
5 to 20 years

Pros

Customizable payments and loan terms.
Option to skip one payment every 12 months.
You can see if you’ll qualify and what rate you’ll get without a hard credit check.

Cons

Loans aren't available in Nevada.

4.5

on SoFi

on Sparrow’s website

FIXED APR

4.49-9.99%

VARIABLE APR

5.99-9.99%

MIN. CREDIT

650

Qualifications

Typical credit score of approved borrowers or co-signers: 700+.
Loan amounts: $5,000, up to your total outstanding loan balance.
Must have a degree: Yes, an associate degree or higher.

Available Term Lengths
5, 7, 10, 15 or 20 years

Pros

You can see if you’ll qualify and what rate you’ll get without a hard credit check.
Dedicated Student Loan Debt Specialist available for borrowers.

Cons

No co-signer release available.
Loan size minimum is higher than most lenders.

4.5

on LendKey

on Sparrow’s website

FIXED APR

4.89-9.04%

VARIABLE APR

5.54-9.12%

MIN. CREDIT

680

Qualifications

Typical credit score of approved borrowers or co-signers: 751.
Loan amounts: $5,000 to $300,000, depending on the higest degree earned.
Must have a degree: Yes, at least an associate degree.

Available Term Lengths
5, 7, 10, 15 or 20 years

Pros

Forbearance of 18 months for 15- and 20-year loan terms is longer than many lenders.
You can see if you’ll qualify and what rate you’ll get without a hard credit check.

Cons

Loans aren't available in Maine, Nevada, North Dakota, Rhode Island or West Virginia.

2024 BEST STUDENT LOAN REFINANCING FOR PARENTS

4.5

on ELFI

on Sparrow’s website

FIXED APR

4.88-8.44%

VARIABLE APR

4.86-8.49%

MIN. CREDIT

680

Qualifications

Typical credit score of approved borrowers or co-signers: 774.
Loan amounts: $10,000 up to your total outstanding loan balance.
Must have a degree: Yes, at least a bachelor’s degree.

Available Term Lengths
5, 7, 10, 15 or 20 years

Pros

You are assigned a student loan advisor.
You can refinance parent PLUS loans in your name.

Cons

Payment postponement isn’t available for borrowers who return to school.
The minimum amount to refinance is more than many lenders require.
No co-signer release available.

5.0