Lower Student Loan Interest Rates With Refinancing
We'll show you how better refinancing can help you get rid of your student loans faster.
Refinance Your Student Loan the Right Way
Student loan refinancing is only a good option if it will give you the push you need to pay off all your debt faster. By refinancing, you can get a lower fixed interest rate and use the savings to speed up your debt payoff.
But refinancing your student loans is just part of managing your money smarter. It’s all about taking on better money habits and never making debt an option again.
Why Dave Chose Splash Financial
- Like us, they believe in taking control of your money and crushing student loan debt.
- You can combine your federal and private student loans for a better net interest rate.
- You’ll get out of debt sooner with a shorter repayment period.
- You’ll get your new rate in about ten minutes.
- They don’t charge any dumb processing or early repayment fees.
- They won’t push credit cards or other loans.
- 95% of Splash customers are happy they made the move.
“The thing I like about Splash Financial is they are dedicated to helping you save money and they don’t sell any other products to tempt you into going further in debt.”
— Dave Ramsey
Refinance in 4 Easy Steps
Start Your ApplicationWe’ll just need a few details about you and your finances to get the ball rolling on your application.
Get Your Rate EstimateFind out what your estimated rate could be. Calculating your new low rate will not affect your credit score.
Upload Your DocumentsDon’t miss this step! You have 14 days to upload all of your information and lock in your rate.
Start Your New PaymentsGet on track to getting out of debt with your new monthly payment.
Get Your Rate in 10 Minutes
Start Your Application
The Lampo Group, LLC, through daveramsey.com, provides advertising for third parties, including Splash Financial. This form is provided as a direct link to the Splash Financial site. Information submitted by you is collected, stored and/or used by Splash Financial for the purpose of providing the documents you request. daveramsey.com, with your permission, collects only your name and email. All other information, necessary for the application for refinancing, submitted on this form is directly linked to Splash Financial’s site and is in no way collected, reviewed or stored by daveramsey.com. Likewise, all documents are solely provided by Splash Financial and are not generated or provided by daveramsey.com. The Lampo Group, LLC does not warrant any sites, services or information provided by Splash Financial.
Student Loan Refinance Frequently Asked Questions
Who is Splash?
Splash Financial is all about saving you money by helping you get out of student loan debt faster. As a student loan refinance company, they work with you to combine your federal and private student loans. Then they help you lock in a better net interest rate and a shorter repayment period so you can crush your student loan debt for good. Splash supports what we teach and will never try to sell you other debt products like credit cards or loans.
What is student loan refinancing?
Student loan refinancing is the only kind of debt consolidation Ramsey Solutions recommends. Period. And that’s because student loan refinancing allows you to combine both federal and private student loans to get one loan with a new, lower interest rate and shorter repayment period. That means you’re paying off your student loans faster, paying less interest, and hitting your money goals even sooner!
Am I eligible to refinance my student loans?
To be a good candidate to qualify for a refi with Splash, here’s what you need:
• A degree
• A minimum yearly income of $36,000*
• A credit score of at least 660
Depending on the details of your situation, you may need to meet other eligibility requirements. Fill out the online rate check in minutes to get started!
*This amount will vary for married couples.
Wait, I thought Ramsey was anti-FICO. Why do I need a credit score to refinance my student loans?
You’re right. Credit scores are a con job to keep you stuck in the debt cycle. But if you’ve got student loans, then you’ve got a credit score. You’re playing their game until you’re done with debt. Splash helps you lock in a lower interest rate from one of their bank or credit union partners so you can pay off your student loan debt faster. Then you never have to use debt to pay for anything ever again.
How much does Splash charge?
Splash has zero fees. That’s right. No application fees, no origination fees and no prepayment penalties.
Do I schedule an appointment with someone or sign anything in person?
Nope! Everything is done 100% online. The whole process can be done in four easy steps:
- Start your application.
- Get your new rate estimate in about 10 minutes.
- Finish your application.
- Start your new payments.
What kind of interest rates does Splash offer?
You need a better interest rate if you really want to attack your student loan debt. Splash’s fixed rates have been as low as 2.88% APR. (That's annual percentage rate, which means that's how much interest you'll pay on your loan in a year.) Splash’s rates change with the market, but with average private student loan fixed interest rates ranging from 3.82% to 14.5%, Splash can save you big.