Fill out one form to check rates from multiple lenders in minutes 

Doctors and Residents: Receive student loan refinancing rates and get a  $500* White Coat Investor Bonus when you complete your refinancing.


*To receive $500 welcome bonus, WCI readers must refinance a balance equal to or greater than $100K. If refinancing a balance below $100K, readers are eligible for a $300 welcome bonus. Bonus is paid via e-giftcard. 

Credible is an online marketplace that provides borrowers with competitive,

personalized loan offers from multiple, vetted lenders in real time.

How Credible Works

One Simple Form

Safe and secure - no sharing of your personal data.

Get Personalized Rates

Real rates - not ranges - from multiple lenders in 2 minutes.

Choose Your Option

Our expert Client Success Team is here to help you along the way.

Flexible options during your academic journey and throughout your career.

Affordable Options for Physicians and Residents

For Physicians

Physicians save on average $50,516 when refinancing through Credible

Checking rates won't affect your credit score

Credible's service is 100% free

Fill out a quick simple form (2 mins)

One form to access options from top lenders

Checking your rates won’t affect your credit score

Your information is not shared with lenders at this point


How to Refinance Your Student Loans Through Credible

Choose an option you like 

Easily compare your prequalified options in one place

Use our comprehensive tools to quickly find a plan for you

Get actual prequalified rates based on your credit profile, no estimates

Provide your loan details (3 mins)

Provide some additional details about yourself

Use our easy import tools to add the loans you want to refinance

Get your final offer in as little as 1 business day



* Actual results may vary. For illustrative purposes only.

Compare Options for Student Loan Consolidation and Refinancing

 All APRs reflect all applicable discounts where available

|   ELFI












ISL Education Lending

Fixed: 6.94%

5, 7, 10, 15, 20 yrs

Undergrad & Graduate


Fixed: 5.29%

5, 10, 15 yrs

Undergrad & Graduate


Fixed: 5.39%

Variable: 5.39%

5, 7, 10, 15, 20 yrs

Undergrad & Graduate








Variable: 4.54%


Fixed: 3.95%

5, 7, 10, 15, 20 yrs

Undergrad & Graduate

College Ave

Fixed: 5.24%

Variable: 5.24%

5, 7, 10, 12, 15 yrs 

Undergrad & Graduate





Fixed: 4.83%

Variable: 3.99

5, 7, 10, 15, 20 yrs

Undergrad & Graduate





Fixed: 5.61%

Variable: 6.61%

5, 10, 15, 20 yrs

Undergrad & Graduate





Fixed: 5.10%

10, 15 yrs

Undergrad & Graduate


Rates from (APR)

Fixed: 7.41%

Variable: 7.29%

Loan term

5, 10, 15, 20 yrs

Eligible degrees

Undergrad & Graduate





Fixed: 4.49%

Variable: 4.54%

5, 7,10 yrs

Undergrad & Graduate


Customers rate us 4.8/5

Join thousands of others who have already saved by refinancing

Our Client Success Team is always here to help

Have any questions? We are only a call, email, or chat away.

Mon - Thurs

9am - 9pm ET

9am – 7pm ET

10am – 6pm ET



Call us at 866-540-6005

Student Loan Refinance FAQs

How do I refinance my student loans?

Student loan refinancing allows qualified borrowers to adjust the interest rate and repayment terms on their private and federal student loans by taking out a new loan that pays off some or all of their existing education debt.

You can refinance student loans through many private lenders. Depending on the interest rate and time it will take to pay off your new loan, refinancing can reduce your monthly payment, total interest paid, or both.

Learn: How to Refinance Your Student Loans

What do I need in order to qualify?

Qualifying to refinance student loan debt can depend on a number of factors including your credit and earnings history, credit report, the school you graduated from, your degree, and the size of the loan you want to refinance.

Credible’s data show the most common reason borrowers are turned down for refinancing is not their credit score, but excessive debt-to-income ratio, or “DTI.” If you have a limited or poor credit history, there are proven steps you can take to improve it.

Adding a creditworthy cosigner can improve your chances of prequalifying for a loan. The Credible marketplace allows you to request rates with a number of different cosigners, so you can see which helps you prequalify with the best rates. Many lenders offer cosigner release once borrowers have made a minimum number of on-time payments and can demonstrate they are ready to assume full responsibility for repayment of the loan on their own.

What credit score do I need to refinance student loans?

Most of Credible’s partner lenders look for a credit score between 670 to 700 to refinance your student loans. Some lenders also have minimum income requirements and consider your ability to repay your loan by looking at your debt-to-income ratio (DTI).

If your credit history is limited or you have poor credit, adding a creditworthy cosigner can improve your chances of qualifying for a loan. Credible offers a tool that lets you check your rates with a number of different cosigners to see which can help you get the best rates.

Learn: How to Improve Your Credit Score

What will refinancing cost me?

Nothing. Credible’s partner lenders do not charge prepayment penalties, loan application fees, or origination fees.

Using Credible is free. Although our partner lenders do pay us a fee, the fee does not affect your loan terms or the loan amount you pay the lender.

See: How Much You Can Save by Refinancing

Why should I refinance student loans?

Refinancing student loans can lower your interest rate, saving you thousands in total interest and enabling you to make monthly payments that pay off your loans faster. It can also give you peace of mind by allowing you to reduce your monthly payment, lock in a fixed interest rate, or remove a parent as the cosigner of a private loan.

Whatever your goal, you should weigh your options carefully. Here are some of the options that may be available to you:

  • Pay off loans faster
  • Reduce your monthly payment
  • Reduce interest charges and monthly payment
  • Relieve your co-signer of their obligations

Estimate Your Savings: Student Loan Refinancing Calculator

When should I refinance?

The best time to refinance your student loans is typically after graduation, when you've landed a job and established strong credit.

To be eligible to refinance at an attractive interest rate, you'll typically need a history of earnings and a credit score that gives lenders the confidence that you'll be able to repay your student debt.

If you don't qualify to refinance right after graduation on your own, you may be eligible with a creditworthy cosigner. Or, you can try again when your financial situation improves. If you earn a raise or manage to pay down credit card debt, your chances of qualifying will improve.

Many borrowers decide to refinance once they can qualify for lower interest rates than those on their existing loans. But some borrowers with variable-rate loans may choose to refinance into a fixed-rate loan with a higher student loan interest rate to avoid a potentially bigger increase in their interest rate and monthly payment.

Learn More: When to Refinance Your Student Loans

What is the difference between student loan refinancing and student loan consolidation?

Federal student loan consolidation allows you to combine multiple federal loans into one loan with a single monthly payment. Whereas, student loan refinancing allows you to replace both federal and private loans with a new loan at a potentially lower interest rate.

Read More: Private Student Loan Refinancing vs. Federal Student Loan Consolidation

Should I refinance or consolidate my student loans?

Refinancing your student loans through a private lender not only allows you to consolidate several loans into a new, single loan. You may also be able to get a lower interest rate which can save thousands in interest charges. If you refinance federal student loans, though, you give up certain benefits like access to income-driven repayment programs.

Consolidating federal student loans with a Direct Consolidation Loan provides the convenience of a single monthly payment, but will not lower your interest rate. However, you could lower monthly payments by qualifying for income-driven repayment options that stretch out your payments over a longer period of time (but you may end up paying considerably more in interest).

Learn More:  Pros and Cons of Consolidating Federal Loans

What types of loans are eligible for refinancing?

  • Federal Student Loans: Our partner lenders can refinance some or all of your federal student loans into a private loan.
  • Private Student Loans: Lenders also refinance private student loans from banks, credit unions or schools.
  • Parent PLUS Loans: If you took out Parent PLUS loans for a student, you can refinance them through Credible.

How to choose between a fixed-rate and a variable-rate loan

The choice often comes down to your tolerance for risk. While you may start off with a lower rate if you choose a variable interest rate, the rate can go up and down, along with your monthly payment.

Refinancing into a fixed-rate loan often means starting at a higher interest rate, but that rate is locked in for the life of the loan.

How do I choose the best lender to refinance with?

To find the best lender for your situation, you should always compare rates and terms from multiple lenders. You should specifically look at the interest rate, length of repayment, fees, and any special repayment options each lender might offer (like deferment, forbearance, etc.).

These are Credible’s best companies to refinance student loans:

Additional resources to help you refinance student loans:

*Student Loan Refinancing Rate and Terms Disclosure: The lenders on the platform offer fixed rates ranging from 3.95% - 11.87% (3.95% - 11.87% APR). Variable interest rates offered by the lenders on range from 3.99% - 11.97% (3.99% - 11.97% APR). Variable rates will fluctuate over the term of the borrower's loan with changes in the Index rate. The Index will be either LIBOR, SOFR, or the Prime Rate of interest as published in the Wall Street Journal (WSJ). The maximum variable rate on the Education Refinance Loan is the greater of 21.00% or Prime Rate plus 9.00%. Rates are subject to change at any time without notice. Your actual rate may be different from the rates advertised and/or shown above and will be based on factors such as the term of your loan, your financial history (including your cosigner’s (if any) financial history) and the degree you are in the process of achieving or have achieved. While not always the case, lower rates typically require creditworthy applicants with creditworthy co-signers, graduate degrees, and shorter repayment terms (terms vary by lender and can range from 5-20 years) and include loyalty and Automatic Payment discounts, where applicable. Loyalty and Automatic Payment discount requirements as well as Lender terms and conditions will vary by lender and therefore, reading each lender’s disclosures is important. Additionally, lenders may have loan minimum and maximum requirements, degree requirements, educational institution requirements, citizenship and residency requirements as well as other lender-specific requirements.