Purefy was founded in 2013 and is based in Washington, DC.

Learn more about Purefy and its products by browsing the services it offers. You can also read our community reviews and hear what others have to say about their experience with Purefy.

Direct Lender

Marketplace Lending Platform

Other Institution

Broker

Nonbank Financial Service Provider

Financial Technology Company

Bank

Credit Union

Community Bank

Bank Partnership

<p>{{business_name}} is a student loan refinance offering by {{parent_business_name}}{{#if features.institution_type.feature_options.bank}}, a bank{{/if}}{{#if features.institution_type.feature_options.credit_union}}, a credit union{{/if}}{{#if features.institution_type.feature_options.direct_lender}}, a direct lender{{/if}}{{#if features.institution_type.feature_options.marketplace_lender}}, a marketplace lender{{/if}}{{#if features.institution_type.feature_options.other}}, a lending platform{{/if}}. Founded in {{established}}, {{parent_business_name}} offers student loan refinancing in {{#if features.states_offered.feature_options.DC}}{{math features.states_offered.selected_option_count "-" 1}} states (and Washington, DC).{{else}} {{features.states_offered.selected_option_count}} state{{#ifCond features.states_offered.selected_option_count '>' 1}}s{{/ifCond}} across the USA.{{/if}}</p>

<h2>What APRs does {{business_name}} offer on its student refinancing loans?</h2>
<p>The range of APRs you qualify for when refinancing a student loan vary widely by <a href="https://www.supermoney.com/best-lenders-refinance-consolidate-student-loans/">lender</a> and will depend on your creditworthiness and the type of loan you choose. Loans with fixed rates will typically have higher APRs than loans with a variable rate. </p>
<p>{{#if features.variable_apr.feature_value}}{{business_name}} offers variable rate APRs that range from {{features.variable_apr.feature_value}}% to {{features.variable_apr.feature_value2}}%.{{/if}}<br>{{#if features.fixed_apr.feature_value}}Borrowers who choose a fixed-rate refinancing loan can expect APRs that range from {{features.fixed_apr.feature_value}}% to {{features.fixed_apr.feature_value2}}% APR.{{/if}}</p>
<p>{{#if features.applicable_disclosures.feature_options.[rates_vary_by_state]}} Interest rates vary by state.{{/if}}{{#if features.applicable_disclosures.feature_options.[rate_quoted_autopay]}} Rate is quoted with autopay discount*.{{/if}}</p>

<h2>{{#if features.loan_amount.feature_value}}How much can you borrow via {{business_name}}?</h2>
<p>Loan amounts start at {{currency features.loan_amount.feature_value}}{{#if features.loan_amount.feature_value2}} and go up to {{currency features.loan_amount.feature_value2}}{{else}}.{{/if}}{{/if}}</p>
<h2>Does {{business_name}} charge an origination fee?</h2>
<p>{{#if features.no_origination_fee.feature_value}}No, {{business_name}} does not charge a loan origination fee.</p>
<p>A loan origination fee is what some <a href="https://www.supermoney.com/best-lenders-refinance-consolidate-student-loans/">lenders</a> charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders{{#if features.no_origination_fee.feature_value}} like {{parent_business_name}}{{/if}} that don’t charge origination fees.{{else}} Yes, {{business_name}} charges a loan origination fee{{#if features.origination_fee_pct.feature_value}}{{#ifCond features.origination_fee_pct.feature_value '==' features.origination_fee_pct.feature_value2}} of {{features.origination_fee_pct.feature_value}}% of the loan amount{{else}}{{#if features.origination_fee_pct.feature_value2}} of {{features.origination_fee_pct.feature_value}}% to {{features.origination_fee_pct.feature_value2}}% of the loan amount{{else}} starting at {{features.origination_fee_pct.feature_value}}% of the loan amount{{/if}}{{/ifCond}}{{else}}{{#if features.origination_fee_pct.feature_value2}} up to {{features.origination_fee_pct.feature_value2}}% of the loan amount{{/if}}{{/if}}{{#if features.origination_fee_dollar.feature_value}}{{#ifCond features.origination_fee_dollar.feature_value '==' features.origination_fee_dollar.feature_value2}} of ${{features.origination_fee_dollar.feature_value}}{{else}}{{#if features.origination_fee_dollar.feature_value2}} of ${{features.origination_fee_dollar.feature_value}} to ${{features.origination_fee_dollar.feature_value2}}{{else}} starting at ${{features.origination_fee_dollar.feature_value}}{{/if}}{{/ifCond}}{{else}}{{#if features.origination_fee_dollar.feature_value2}} up to ${{features.origination_fee_dollar.feature_value2}}{{/if}}.{{/if}}{{#if features.origination_fee_pct.feature_value}} {{business_name}} deducts the fee directly from your loan amount before depositing your money, so make sure you take this fee into account when deciding how much you need to borrow.{{/if}}{{/if}}</p>
<p>{{#if features.applicable_disclosures.feature_options.[orig_fees_vary_by_state]}} Origination fees and requirements vary by state.{{/if}}
</p>


{{>product_prepayment_fees}}


<h2 dir="ltr">What terms does {{business_name}} offer?</h2>
<p dir="ltr">{{business_name}} provides refinancing loans of {{features.loan_term_years.feature_value}} to {{features.loan_term_years.feature_value2}} years.</p>
<p dir="ltr">{{#if features.unemployment_protection.feature_value}}It also offers borrowers unemployment protection. This means that if you lose your job through no fault of your own your loan payments may qualify for a temporary hold{{#if features.unemployment_protection_length__in_months_.feature_value2}} of up to {{features.unemployment_protection_length__in_months_.feature_value2}} months.{{/if}}.{{/if}}</p>
<h2 dir="ltr">What type of borrowers will {{business_name}} consider?</h2>
<p>{{business_name}} considers loans applications from:</p>
<ul>{{#if features.eligible_borrowers.feature_options.undergraduate_students}}
<li>Undergraduate students</li>
{{/if}} 
{{#if features.eligible_borrowers.feature_options.non_degree_holders}}
<li>Non-degree holders</li>
{{/if}}
{{#if features.eligible_borrowers.feature_options.graduate_students}}
<li>Graduate students</li>
{{/if}} {{#if features.eligible_borrowers.feature_options.parents_of_students}}
<li>Parents of students</li>
{{/if}} {{#if features.eligible_borrowers.feature_options.undergraduate_degree_holders}}
<li>Undergraduate degree holders</li>
{{/if}} {{#if features.eligible_borrowers.feature_options.graduate_degree_holders}}
<li>Graduate degree holders</li>
{{/if}} {{#if features.eligible_borrowers.feature_options.parents_of_graduates}}
<li>Parents of graduates</li>
{{/if}}</ul>




{{>product_eligibility_question}}





<h2>{{#if features.funding_time_range.feature_value}}What is the estimated funding time for a student loan refinance via {{business_name}}?</h2>
<p>{{#ifCond features.speed.feature_value '===' 0}}{{#if features.funding_time_range.feature_value}}{{business_name}} will typically provide a credit approval decision in less than an hour and fund the loan within {{features.funding_time_range.feature_value}} and {{features.funding_time_range.feature_value2}} days.{{/if}}{{else}}{{business_name}} will typically {{#if features.speed.feature_value}}approve (or deny) a loan application within {{features.speed.feature_value}} hour{{#ifCond features.speed.feature_value '>' 1}}s{{/ifCond}} and {{/if}}fund loans within {{features.funding_time_range.feature_value}} and {{features.funding_time_range.feature_value2}} days of approval.{{/ifCond}}{{/if}}</p>

Lower your rates and improve your terms with a student debt refinance loan.

Compare the best student loan refinance companies

Best Student Loan Refinancing

Earnest vs Discover: Which Student Loan Refinance Lender Is Better?

Earnest vs College Ave Student Loan Refinancing: Flexibility vs Rate-Driven Lending

How to Refinance a Sallie Mae Student Loan

How to Refinance Student Loans - A Step by Step Guide

5 Scenarios Where Refinancing Student Loans Makes Sense

SoFi vs. Citizens Bank

Student loan refinancing is the process of replacing one or more existing student loans with a new loan that has better terms or a lower interest rate. This can be a useful strategy for borrowers who have improved their credit score, have a strong income and employment history, or are looking for a way to lower their monthly loan payments. When refinancing student loans, the borrower will apply for a new loan and use the proceeds to pay off their existing loans. The new loan will have its own terms and interest rate, and the borrower will be required to make regular payments of principal and interest. It is important to carefully consider the costs and potential benefits of student loan refinancing before deciding if it is right for you.

Purefy (Company)

Cast Your Vote

VIEW PRODUCTS AND SERVICES OFFERED

Refinance

Purefy Review

Message from Purefy

Contact

Purefy Community Reviews

You might also like