How ELFI Works
With comprehensive options for consolidating and refinancing student loans, ELFI is a leader in education loan refinancing. Just follow the 5 easy steps below.
Simply fill out our application to let us know a little bit about you and get the ball rolling.
We’ll run your credit, ask a few questions, and offer a preliminary decision in minutes.
We’ll just need a few more things and once verification is complete, if approved, you’ll receive a firm interest rate offer.
sign & set-up
Sign our loan agreement electronically and set up auto-debit payments.
sit back & relax
Enjoy the benefits that come from finding a student loan repayment plan that works with your budget.
You could save hundreds each month and thousands over time. Try our payment estimator to find your ideal plan.
Our streamlined application process makes the refinancing process easier and the repayment period less stressful. With just a few short steps, you too could enjoy the benefits of refinancing with the possibility of lower student loan consolidation rates or lower monthly payments.
If you have any questions about whether student loan refinancing is a good fit for you, the consolidation specialists at 1-844-601-ELFI can provide a no-hassle, objective consultation to help you make an informed decision about your unique financial situation.
- Review ELFI’s student loan refinance options
- Use ELFI’s payment estimator to choose a loan term that fits your budget
- Verify that you have earned a bachelor’s degree or higher from an ELFI-approved institution
- Gather your required documents and student loan information to speed up your application
- Close your loan within 30 days of your initial application and you could earn $100 bonus cash through the ELFI Fast Track program