2021 NerdWallet Best-of Awards Winner for Best Student Loan Refinancing Overall
2021 NerdWallet Best-Of Awards Winner

Save Time and Money on Parent Student Loans

Refinance parent student loans and wave goodbye to that debt faster – while saving thousands on interest. Lock in a lower rate today and choose flexible terms that match your financial goals.

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Why Refinance Parent PLUS or Private Student Loans?

Have federal Parent PLUS loans through the US Department of Education? Or maybe you took out private student loans as a parent from a bank, credit union, or other financial institution?

Refinance rates are currently at all-time lows, so refinancing now can give you serious savings. It’s that simple.

Save Serious Money

Lock in your low rate and enjoy big-time interest savings for years to come.

Pay Off Parent Loans Fast

Pick a shorter term, ditch debt sooner, and save even more money in lifetime interest.

Reduce Your Payments

Choose a longer term to decrease your monthly payments and keep more cash in your pocket.

Simplify Your Bills

Multiple student loan payments and due dates? Combine them into one easy bill.

Purefy’s Comparison of Top Parent Loan Refinance Companies

Fixed Rate

2.44% – 5.79% APR

Term

5 -20 years

Minimum Credit Score

650

Variable Rate

1.88% – 5.64% APR

Eligible Loans

Federal & Private

Purefy Rating

five-stars

Fixed Rate

2.44% – 5.79% APR

Term (years)

5-20

Minimum Credit Score

650

Variable Rate

1.88% – 5.64% APR

Eligible Loans

Federal & Private

Purefy Rating

five-stars
Lightning-fast loan processing
Up to 12 months financial hardship deferment
Doesn’t offer cosigned loans

Fixed Rate

2.89% – 4.98% APR​

Term

5, 8, 12, or 15 years

Minimum Credit Score

670

Variable Rate

Not Offered

Eligible Loans

Federal & Private

Purefy Rating

five-stars

Fixed Rate

2.89% – 4.98% APR​

Term (years)

5, 8, 12, or 15

Minimum Credit Score

670

Variable Rate

Not Offered

Eligible Loans

Federal & Private

Purefy Rating

five-stars
Spouse couples can refinance together using combined income
Become a member of the credit union at no cost when you refinance
Temporary and permanent financial hardship assistance available

Fixed Rate

2.47% – 5.99% APR

Term

5, 7, 10, 15, or 20 years

Minimum Credit Score

680

Variable Rate

2.39% – 6.01% APR

Eligible Loans

Federal & Private

Purefy Rating

five-stars

Fixed Rate

2.47% – 5.99% APR

Term (years)

5, 7, 10, 15, or 20

Minimum Credit Score

680

Variable Rate

2.39% – 6.01% APR

Eligible Loans

Federal & Private

Purefy Rating

five-stars

No maximum loan amount

Up to 12 months of forbearance if you experience financial hardship

Borrowers can refinance Parent PLUS loans in their own name

Fixed Rate

2.24% – 5.67% APR

Term

5, 7, 10, 15, or 20 years

Minimum Credit Score

670

Variable Rate

Not Offered

Eligible Loans

Federal & Private

Purefy Rating

five-stars

Fixed Rate

2.24% – 5.67% APR

Term (years)

5, 7, 10, 15, or 20

Minimum Credit Score

670

Variable Rate

Not Offered

Eligible Loans

Federal & Private

Purefy Rating

five-stars
Loans available in any state — not just Iowa
Loan forgiveness if the borrower dies or becomes totally and permanently disabled
Options to postpone payments due to qualifying financial hardships

Explore Purefy’s Marketplace of Top-Rated Refinance Companies

We know your time is valuable.
Purefy speeds up the research process by bringing the best refinance lenders and rates together – all in one place – so you can review options, choose your new rate, and start saving quickly.

Real Rates

See pre-qualified rates from a range of vetted lenders – all at once with one easy-to-use tool.

Zero Fees

Compare your rates with no fees, hidden costs, or strings attached

No Impact to Credit

Checking rates has zero effect on your credit score and your information is 100% secure.

We're here to simplify parent loan refinancing.

How Purefy Works: Our Rate Comparison Process

 Join the 213,000 people and counting who have compared student loan refinance rates with Purefy.

01

Complete Form - 2 Minutes

Fill out basic details about your student loan situation.

easy-rate-check

02

Compare Rates - 15 Seconds

See real, pre-qualified rates from a variety of nationwide lenders – tailored to your specific loan situation.

select a lender

03

Submit Application - 15 Minutes

Pick your favorite combination of rate, term, and monthly payment – and head straight to our lender partner for confirmation.

Purefy Helps You Pay Less on Parent Student Loans

213,000+ People

Have Compared Refinance Rates

$1.7 Billion+

in Refinanced Student Loans

5-stars-emerald

5 Star

Rating on NerdWallet

25,000+

Monthly Blog Readers

Uncover More on Parent Student Loan Refinancing

Looking for additional info on parent loan refinancing? Check out all the whys, whens, and how-tos from Purefy’s team of experts.

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