WeFinance Student Loan Refinancing Review

WeFinance Student Loan Refinancing is a student loan refinance offering by WeFinance, . Founded in 2014, WeFinance offers student loan refinancing in 50 states (and Washington, DC).

What APRs does WeFinance Student Loan Refinancing offer on its student refinancing loans?

The range of APRs you qualify for when refinancing a student loan vary widely by lender 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. 

Borrowers who choose a fixed-rate refinancing loan can expect APRs that range from 0% to 20% APR.

A loan origination fee is what some lenders 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 that don’t charge origination fees.

Does WeFinance Student Loan Refinancing charge prepayment fees?

No, WeFinance Student Loan Refinancing does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.

What terms does WeFinance Student Loan Refinancing offer?

WeFinance Student Loan Refinancing provides refinancing loans of 1 to 3 years.

What type of borrowers will WeFinance Student Loan Refinancing consider?

WeFinance Student Loan Refinancing considers loans applications from:

• undergraduate degree holders
• graduate degree holders
• parents of graduates

What do you need to qualify for WeFinance Student Loan Refinancing?

WeFinance Student Loan Refinancing does not have or does not disclose a minimum annual income eligibility requirement.

What is the estimated funding time for a student loan refinance via WeFinance Student Loan Refinancing?

WeFinance Student Loan Refinancing will typically provide a credit approval decision in less than an hour and fund the loan within 7 to 14 days.