Student loan refinancing allows you to trade in your old, confusing loans for a new one that’s easier to manage and easier on your wallet. Here’s how it works:

• Simplify your old loans and save money to reach your financial goals faster. By lowering your interest rate you can save money each month, long-term or both.
• Breathe a little easier. CommonBond offers up to 24 months of forbearance, just in case you need to put payments on pause. Plus, they never charge origination fees or penalize you for paying early.
• Get help when you need it. CommonBond’s award-winning Care Team can be reached by phone, email or live chat
• Give back together. When you refinance, CommonBond helps fund a child’s education in the developing world through our partnership with Pencils of Promise.

It only takes two minutes to see if you qualify for a lower rate – why not get started today? Plus, you will receive a $200 cash bonus once you refinance.

Do you currently have student loans? The Evaluation Tool will provide actionable guidance based on your specific goals for managing your debt. Through a few simple questions and inputting your loan information, the tool is able to assess all options available to you based on your specific financial situation in just minutes. It will then pinpoint the option that fits you best and help you take the next steps to apply or enroll.
 

Need to save for future education costs? The Evaluation Tool will also educate you on how to save for the future education for yourself or a loved one. The Tool will walk you through the real cost of college, what a 529 savings plan is, how it works, and how to get started.
 

Want to share with a friend or family member? In the tool you have the ability to send invitations to friends and family members so that they can take advantage of it as well!