We use group buying power to negotiate better student loan rates.
Rates negotiated exclusively for members start at 1.24% APR 1
- Free for you -
- It takes <1 minute to join
- No credit check
How it Works
We gather large groups of students who need help paying for school and get lenders to compete for our business.
You sign up.
Sign up for free and tell us a little bit about yourself and the type of student loan you need. Am I eligible?
We run a bid.
We run a bidding process between banks, credit unions, and other lenders. They compete for our collective business by offering exclusive discounts.
We compare all offers, negotiate terms, and select the best options for the group. We share the negotiated deals with you and you can decide to use it or not. There’s no commitment.
Join us for free to access exclusive cash back deals on refinancing on top of some of the
best rates on the market. We give you more cash back than if you went to the same lenders
directly– get up to $1000 in your pocket and reduce your interest rate!
What does cash back mean? Think of it like a signing bonus– when you sign with one of our partners, you get paid by the lender, us, or both, on top of some of the lowest rates on the market. No strings attached, and you won't get that extra cash anywhere else. We’ll pay you to save money on your student loan payments.
Why you should trust us
We started Juno a few years ago when we were shopping around for loans for Harvard Business
School. Since then, we’ve been immersed in the student loan industry, regularly speaking
with key players nationwide.
This year, we ran an auction, making all the lenders offer the best rates to our community. In the process, we pored over dozens of rate tables, and stayed up all night crunching spreadsheets to map out which lenders offered the most people the best rates.
Since members of the community never pay us, we charge all lenders a set fee that is agreed before the negotiations begin. That way, we can’t be swayed by a larger financial incentive. The only way to win the auction is to offer our community the best rate.
Our Track Record
Juno is the only organization that has successfully negotiated discounts for student loans on behalf of large groups of students. We’ve helped students and families borrow more than $200M at discounted rates. Additionally, our cash back deals have given more than $502,121 back to our members. Over 30,000 members have trusted Juno to negotiate more affordable student loans for them.
By the numbers
- 40,000+ members
- $502,121+ in cash back earned by our community in 2020
- $26,000,000+ in savings compared to federal rates
How we save you money
Lenders spend so much money on marketing. This year, SoFi spent 400 million dollars on the
naming rights to a stadium. All those costs get passed along to borrowers in the form of
higher interest rates.
Instead, we pitch lenders an alternative: give our members better rates and avoid spending thousands of dollars per customer on marketing. It saves them time and money, and we end up getting our community better rates for free.
Who is this for?
Refinancing is great for people with high interest student loans, especially private.
Right now, those with federally held student loans aren’t incurring any interest until at least
October 1st, 2021. As a result, borrowers of those loans are largely waiting until then
before considering refinancing, but we welcome you to join now and we will remind you when
it’s time to think about refinancing.
For private loan borrowers, there’s little downside associated with refinance, and a large potential upside in terms of savings, such as reducing your monthly payment.
Hear from a member!
“I was with Sallie Mae and my interest rate was 10.75%, but i refinanced with Earnest
through [Juno] and not only got my rate down to almost 4%, but I also got $1000 cash.
I got paid. To save money.
So make sure as soon as you graduate and get your first paystub to refi. It's super easy and literally takes under 10 minutes, the hardest part is typing in how much you have saved in all our accounts to prove assets as well as entering your social.
Their system literally automates all the hard parts out of it. Not everyone will save as much as me because I'm kind of an extreme case.
I refinanced 170k at 10.75%V to 4.04%F, cutting my monthly payment from $2800 to $1250. This is totally free and you can still write off payments on your taxes. Hope this helps someone...
Of course, make sure you do plenty of research and ask tons of questions to the lender before you refinance any debt.
I applied for refi literally everywhere and this was the best deal by like 1.2% and was much easier to fill out the app than at other places.”
- Josh C.
Drop us a line at email@example.com.