Bye bye, Sallie Mae
I refinanced about $65k in undergrad loans with CommonBond. I was paying about 8% average across 5 loans with Sallie Mae. I had tried working with them to lower my rate, since I'm now a few years out of school. No luck, even though I have a 740+ credit score and an income in the 95th percentile for my age. Common Bond gave me a lower rate and significantly lower monthly minimum payment. The payment doesn't matter to me as much since I pay more than minimum anyway, but it's nice to know I can spend a couple hundred dollars elsewhere if I need to and not run into issues with my loans. It's given me great peace of mind, underwriting was quick and easy, and I couldn't recommend them more.