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


What If You Could Keep More Money in Your Bank Account, But You Didn’t Know It?

Andrew Zoeller

If you’re still paying off your student loans, we don’t need to tell you that you’re giving away a hefty amount of interest each month — all on a deal you probably signed before you were old enough to drink. Your student loan payment may even be affecting your ability to pursue other life goals, like buying a home or having children.

What if you could reduce your payment and your interest rate, without going on a 20- or 25-year federal reduced-payment plan?

What if you could pay off your loan ahead of schedule, attain financial freedom, and save big-time on interest while doing it?

Did you know there’s a way to find out if you can save money on your student loans, without giving away your personal information or affecting your credit score? All it takes is a few minutes of your time.

The big secret that your lender doesn’t want you to know

When you took out your loans, you probably had little (if any) credit history and income to demonstrate your reliability to your lender. How great could your interest rate have been, if this was the case?

But here’s the secret: professionals with college degrees who have taken care of their credit and have steady income present a lower risk to a new lender offering student loan refinancing. This low risk means qualified borrowers can be rewarded with great, low interest rates.

Returning the power of choice to student loan borrowers

When you refinance your student loans, you get the opportunity to:

  • Switch to a lender with a great website and real customer service
  • Choose your interest rate and repayment plan from all the available options
  • Select the monthly payment that works best for your financial situation

Once you finalize things with your new lender, your previous loans will be paid off and you will have just one monthly payment to keep track of — not a bunch of different loans, each with its own rate, term, and payment.

You don’t have to be a financial whiz to save on your student loans

Refinancing sounds complicated, right? We’ve made it simple with our rate comparison tool. You no longer need to fill out 5 different loan applications to see who is offering you the best rate. We have already vetted the top lenders in the industry. You can get started by answering just a few simple questions, and our system will provide you with rate estimates for each lender where you qualify.

You’ll see all your available options presented with total transparency. If you don’t like what you see, you’re under no obligation to continue. But if you do see an opportunity to save money, you can apply for the loan in less than 15 minutes.

Take advantage of declining interest rates

If you follow the news, you know that market interest rates have declined in 2019. This presents a terrific opportunity for qualified borrowers to take advantage by locking in a low student loan interest rate.

If you choose a fixed interest rate, your rate will never go up, and your payments will remain the same until the loan is paid off.

You may also be interested in a variable interest rate, which typically starts a little bit lower than a fixed rate, but will vary over time as the market changes.

The bottom line: finding a student loan option that fits your goals

At the end of the day, no one has yet found a miracle cure when it comes to student loan debt. As with most financial matters, what distinguishes people who are savvy with their money is that they find ways to minimize their costs, and refinancing is often an easy way for qualified borrowers to do so.

Whether you are looking to lower your monthly payment or pay off your loans as quickly as possible, refinancing presents a unique opportunity to help you pursue your financial goals.

The best part is, refinancing does not cost anything: none of our partners charge origination fees, and there are no prepayment penalties if you decide to pay off your loan ahead of schedule.

Bringing transparency to student lending

Purefy offers the use of our technology platform to you, the borrower, at no cost. We have negotiated referral fees with our partners, which has no effect on your interest rate or loan terms.

Purefy set out to bring much-needed transparency to the student lending industry by allowing users to easily compare rates from the top lenders. We are beholden to no one — be they Big Banks, Big Private Equity, or Big Overhead. Our tools are built around the customer, and the customer always wins.

Get started now by comparing your options.

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