WeFinance is an online platform that connects borrowers to people with savings. Customers can borrow money for student loans, code boot camps, and more. Borrowers list loan applications that are crowdfunded by individual investors, including the borrowers' friends and relatives. Investors receive larger than average returns while still getting the satisfaction of helping someone in their network. Borrowers receive rates and terms they may otherwise not qualify for. WeFinance complements the funds pledged by your network with cash provided by WeFinance's partners: lenders such as Earnest and Payoff.

How Much Does WeFinance Cost?

WeFinance is entirely free. The company may charge fees in the future for additional services, but as of March 2016, it is completely free for borrowers. WeFinance does charge its lending partners (Earnest, Payoff, and others) when borrowers don't receive all they need from crowdfunding.

Interest rates vary depending on your credit. However, 4% is the most common interest rate for WeFinance.co borrowers.

How Does WeFinance Compare With Other Student Loans Providers?

  • - WeFinance is not a lending service or a licensed lender. However, it helps borrowers receive much better rates than what they qualify for with most lenders. 
  • - Rates are lower than traditional lenders. 
  • - WeFinance is faster and easier than regular traditional lenders.



  • Min Loan
  • Graduate Students
  • Parents
  • Undergraduate Students
  • Funding Time
  • No Origination Fee
  • Up to Cost of Attendance
  • New Loan
  • Refinance
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I'm amazed more people don't use this tool. First, what bank let's you PICK YOUR OWN INTEREST RATE?

I was able to refinance my loan from another tech lending company and saved 2%. It doesn't sound like a lot, but over 3 years, it compounds and adds up!

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