How it Works
We gather large groups of people with student loans 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.
The average attorney can save $30,000 over federal loans with Juno1
Why should I refinance my student loans?
Reason one: Lower your interest rate
Reason two: Consolidate your loans
Reason three: Lower your monthly payment
For example, you might have set things up so that you pay your loan back in 10 years. Let’s say after 6 years you’d be paying a lower monthly payment. You could decide to replace that loan with a new loan that you pay back over a new 15 year term. This plan would reduce your minimum payment, though it would also increase the total cost of the loan because there is more time for interest to rack up.
Am I a good fit for refinancing?
If you haven’t graduated yet, if you aren’t up to date on your student loan payments, if you don’t have a steady income, if your credit score isn’t at least in the high 600’s, then refinancing is probably not for you.
Additionally, consider if you might need the safety nets that federal student loans offer such as public service loan forgiveness or income driven repayment plans before you refinance.
Benefits of the negotiated deal
- No Fees (No Application, No Origination and No Prepayment Fees)
- Lower Rates (Options available based on lender)
- Up to $1000 Cash Back (Options available based on lender)
Am I eligible for refinancing?
What are the effects of refinancing?
Should I refinance my Federal loan right now?
How long is this valid for?
Do you expect the interest rates to change?
Should I refinance with a fixed or variable interest rate?
A lender told me I was not eligible, what should I do?
Can I refinance a Parent PLUS loan?
Thousands of members helped us get here
Thanks to our community, we’ve successfully negotiated a deal for our members. Now, you’re free to join and access those same options.Check my rate