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Compare LendKey vs. SoFi Student Loan Refinance

What’s the difference between LendKey Student Loan Refinance and SoFi Student Loan Refinance? See how our editors compare the two companies below.
Last Updated: November 17, 2017
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LendKey
9.7 / 10 - Excellent
#3 in Student Loan Refinance
SoFi
9.6 / 10 - Excellent
#4 in Student Loan Refinance
vs

Key Facts

  • Reduce monthly payment up to 40%
  • Higher chance of approval by LendKey's non-profit lender network
  • Check your rate in 2 minutes with no impact on your credit score
  • Rates set at 2.57% APR - 7.26% APR
  • 5, 7, 10, and 15 year terms available
  • No obligation to accept. No fees or prepayment penalties
  • The largest unemployment protection period in the market
  • SoFi members save an average of $22,359 by refinancing their student loans**
  • Find your rate in 2 minutes
  • Consolidate & refinance your federal or private student loans
  • As low as 3.35% fixed or 2.795% variable APR (with Autopay)
  • Up to 20 year loan terms
  • Unemployment protection
  • Simple online application

ConsumersAdvocate.org Ratings

9.7 / 10 - Excellent
10/10
Savings
10/10
Qualifications
9/10
Loan Limits/Terms
10/10
Customer Service
10/10
Additional Fees
10/10
Application Process
9.6 / 10 - Excellent
10/10
Savings
9/10
Qualifications
10/10
Loan Limits/Terms
10/10
Customer Service
10/10
Additional Fees
9/10
Application Process

Customer Reviews

 (1)
10.0 / 10 - Excellent
100%
5 stars
0%
4 stars
0%
3 stars
0%
2 stars
0%
1 stars
 (10)
2.2 / 10 - Poor
10%
5 stars
0%
4 stars
0%
3 stars
0%
2 stars
70%
1 stars

Final Verdict

LendKey Student Loan Refinance and SoFi Student Loan Refinance are very close in quality and have the same overall rating. That said, LendKey scores better than SoFi across: Qualifications, Additional Fees, and Application Process. Whereas, SoFi scores better on Loan Limits/Terms, and Customer Service. Both companies score similarly on Savings.


Latest Reviews

D
Drew H
10/2/2017
LendKey Student Loan Refinance review
Great rates! Good website. Easy to understand and navigate. Fast and helpful customer service too.


A
Anonymous
O'Fallon, Missouri
6/9/2017
SoFi Student Loan Refinance review
I applied and was approved in a timely manner. My interest rate was awesome compared to what I'm at with the Feds. I just now have to decide whether or not I want to give up my rights that the Feds offer with repayment options over the life of the loan.


Jeremy O
Matthews, North Carolina
3/7/2017
SoFi Student Loan Refinance review
Please ignore my last review. I was remarking about another student loan refinance company. SoFi promptly responded to my concern and answered my questions. They (Mitsy) were very prompt and courteous.