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There are many student loan refinancing lenders on the market willing to help you with your student loans. Purefy is offering student loan refinancing to graduates across the country. If you have or haven’t heard of Purefy yet, it may be worth your time to learn a little bit more about their product offerings.

Purefy student loan refinancing highlights:

  • Refinance federal, private, and parent PLUS loans
  • Must be employed for at least two years with a minimum income of $42k [or have an income of $25k and a cosigner with an income of $50k]
  • Small bank with more personalized service


Purefy’s founders worked in large banks before deciding to create a small, customer-oriented bank with an added focus on refinancing student loans. Not only did the company’s co-founders boast a combined 172 years of financial experience, but it was also the first lender from the Virginia, Maryland, or Washington, D.C. area to enter the student loan refinancing space. Back in 2013 the Bank of Virginia tested the student loan market and purchased $23 million worth of student loans that came with a government guarantee. This was part of the bank’s long-term strategy, which resulted in the CordiaGrad venture in 2015.


Purefy focuses on client service. Borrowers can benefit from personal interaction via email, chat, phone, or in-person services. The company also guarantees no closing costs, loan fees, or early payoff penalties on loans. By keeping a small staff with low overhead, Purefy passes on the savings to its clients.


Applicants may borrow a minimum of $20,000 to a maximum of $350,000. Borrowers must be at least 23 years old, have employment for at least two years, and have an annual income of $42,000. Additionally, he or she must provide proof of income and meet certain credit requirements. Cosigners must meet the same requirements, except must have an income above $50,000 and co-sign on both the application and the loan promissory note. If applying with a cosigner, the applicant only needs an income of $25,000. In order to disburse a loan with Purefy an applicant will need a driver’s license, tax return or pay stub, transcript, and current loan payoff statement.


Graduates who are career-focused with strong credit benefit from Purefy’s low rates and flexibility in repayment options. Purefy can provide personal consultations to provide the best options available and make sure you are on track to repay your loan successfully. The Purefy team is also committed to helping out in the community by providing education seminars and community volunteering each quarter.

Who should explore Purefy?          

Borrowers with at least a bachelor’s degree may consider refinancing with Purefy, as should parents with PLUS loans. Purefy student loans offers a broad product which is great for high balance loan borrowers with high interest rates. If you prefer a small, customer-focused lender and have settled into your career since graduating a couple of years ago, Purefy could be a great refinancing option for you.

Purefy Reviews

Purefy launched in 2015 and therefore reviews of their refinancing service is limited. Purefy reviews can be seen on their website as testimonials from various degree programs.

If you are interested in refinancing with Purefy or exploring other refinancing options from other great lenders, visit Credible to see what options may be available to you.

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