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I started the process to refinance with another company when the folks at Earnest reached out to see if they could modify my loan to similar rates. My previous student loan company (Navient) clearly did not care about me or my repayment goals. I was able to get updates via chat whenever I needed one, and overall the experience is great. They do this by examining an applicant's holistic financial picture, rather than focusing on factor (like credit score).
Long story, short, they were able and did so very quickly allowing me to keep the payment flexibility I love with Earnest while getting a better fixed rate. Earnest lowered my fixed interest rate, shortened my payoff date and provided me 0 for transferring my student loans. With that being said, I felt that my rate wasn't as low as possible.
I was paying 10.5% variable interest on my student loans - by variable I mean only getting variably higher every 6 months. I shopped around a little bit and Earnest gave me the best options to choose from.
I love, love, LOVE that Earnest has biweekly payment options so that I can align payments with my paydays! A few of the other bigger named consolidation service providers wouldn't work with me since my smaller named college wasn't in their databases.
Earnest gladly worked with me and I'm extremely satisfied with the services they've provided.
I was able to refinance my student loans for less than half of the interest I was paying before.
In doing so, I was able to hack off 3 years of the life of my loan and I will save over ,000 in interest. Definitely recommend Earnest to anyone that is looking to better their financial future.