Here's the Legal Stuff
It's a dry read but you should look it over
Terms and Conditions
1. Loan Cost Examples: These examples provide estimates based on payments beginning immediately upon loan disbursement. Variable APR: A $10,000 loan with a 20-year term (240 monthly payments of $75) and a 6.48% APR would result in a total estimated payment amount of $17,865.51. For a variable loan, after your starting rate is set, your rate will then vary with the market. Fixed APR: A $10,000 loan with a 20-year term (240 monthly payments of $75) and a 6.48% APR would result in a total estimated payment amount of $17,865.51. Your actual repayment terms may vary.
2. You can take advantage of the Auto Pay interest rate reduction by setting up and maintaining active and automatic ACH withdrawal of your loan payment. The interest rate reduction for Auto Pay will be available only while your loan is enrolled in Auto Pay. Interest rate incentives for utilizing Auto Pay may not be combined with certain private student loan repayment programs that also offer an interest rate reduction. For multi-party loans, only one party may enroll in Auto Pay.
Earnest Loans are made by Earnest Operations LLC or One American Bank, Member FDIC. Earnest Operations LLC, NMLS #1204917. 535 Mission St., Suite 1663, San Francisco, CA 94105. California Financing Law License 6054788. Visit Lending Licenses - Earnest for a full list of licensed states. For California residents (Student Loan Refinance Only): Loans will be arranged or made pursuant to a California Financing Law License.
One American Bank, 515 S. Minnesota Ave, Sioux Falls, SD 57104. Earnest loans are serviced by Earnest Operations LLC with support from Navient Solutions LLC (NMLS #212430). One American Bank and Earnest LLC and its subsidiaries are not sponsored by or agencies of the United States of America.
© 2021 Earnest LLC. All rights reserved.
Cash bonus and/or Roundup Match offers are provided directly by ChangEd. To qualify for this bonus you must go through the ChangEd and Earnest partnership link and fund your loan with Earnest. Bonus matches will be paid within 60 days of finalizing your new loan.
*Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS PROSPECTIVELY BASED ON MARKET CONDITIONS AND BORROWER ELIGIBILITY. Your existing student loan(s) must total a minimum of $5,000 to be eligible for refinancing. Minimum loan amount may be higher in specific states due to legal requirements. To qualify, a borrower must be a U.S. citizen or other eligible status, have graduated with an associate degree or higher from an eligible Title-IV-accredited college or graduate program, and meet SoFi’s underwriting requirements; see SoFi.com/eligibility. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Information current as of 10/14/19 and subject to change. Loans originated by SoFi Lending Corp (dba SoFi). Licensed by the DBO under the California Financing Law, license #6054612. NMLS #1121636 (www.nmlsconsumeraccess.org). See SoFi.com/legal for state-specific license details.
ChangEd receives compensation from SoFi on a per-funded loan basis.
1. Offer eligible for new student loan refinance customers only, who do not reside in the state of Ohio at the time their loan is funded, and may not be combined with any other offers or discounts-- apart from the autopay discount. Offer is subject to lender approval. To receive this offer, you must: (1) have a current ChangEd account; (2) complete a loan application with SoFi for a student loan refinance product; (3) register and/or apply through the landing page provided; (4) and meet SoFi’s underwriting criteria. Once conditions are met and your new loan has been disbursed, SoFi will begin to match the ChangEd roundups you accrue for three months, and up to $150 total. You will receive your ChangEd roundups value within 30 days of the end of the three month period. SoFi reserves the right to change or terminate the offer at any time with or without notice. Additional restrictions or conditions may apply.
Advisory services are offered through SoFi Wealth, LLC a registered Investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov.
Fixed interest rates range from 2.48% APR (with auto debit discount) to 6.62% APR (without auto debit discount). Your interest rate will depend on your (and if applicable, your cosigner’s) credit qualifications. The fixed interest rate will remain the same for the life of the loan.
Variable interest rates range from 1.95% APR (with auto debit discount) to 5.65% APR (without auto debit discount). Your interest rate will depend on your (and if applicable, your cosigner’s) credit qualifications. Variable rates may increase after consummation. The variable interest rate is equal to the One-Month London Interbank Offered Rate (“One-Month LIBOR”) plus a margin. The One-Month LIBOR in effect for each monthly period (from the first day of the month through and including the last day of the same month) will be the highest One-Month LIBOR published in The Wall Street Journal “Money Rates” table on the twenty-fifth (25th) day (or if such day is not a business day, the next business day thereafter) of the month immediately preceding such calendar month. The Annual Percentage Rate (APR) for a variable interest rate loan will change monthly on the first day of each month if the One-Month LIBOR index changes. This may result in higher monthly payments. The current One-Month LIBOR index is 0.09% as of August 1, 2021.
The lowest rate for each loan type requires automatically withdrawn (“auto debit”) payment. The lowest rate is available only to the most creditworthy applicants. Not all borrowers will receive the lowest rate. The interest rate and Annual Percentage Rate (APR) may be higher depending upon (1) the credit history of the borrower and, if applicable, the cosigner, (2) the repayment option and loan term selected, (3) the loan type selected, and (4) the highest level of education attained. If approved, applicants will be notified of the rate qualified for within the stated range.
*In the event that you would like to move forward with any of the conditional offers, you will be required to complete an application with the lender on the LendKey website, at which point we will conduct a credit report inquiry (which may affect your credit score).
Bonus offer is subject to lender approval. To receive this offer, you must: (1) have a current ChangEd account; (2) complete a loan application with LendKey for a student loan refinance product; (3) register and/or apply through the landing page in this email. Once conditions are met and your new loan has been disbursed, LendKey will begin to match the ChangEd roundups you accrue for three months, and up to $100 total. You will receive your ChangEd roundups value within 30 days of the end of the three month period. LendKey reserves the right to change or terminate the offer at any time with or without notice. Additional restrictions or conditions may apply.
ChangEd receives compensation from LendKey for funded loans.
All loans offered via LendKey’s website are made by credit unions and banks participating on the LendKey platform. LendKey Technologies, Inc. (“LendKey”) is not a lender, nor does LendKey have any ownership interest in the loans originated on the platform.
Perk Rewards Terms and Conditions