Meet some of our happy customers who are saving money, shortening loan terms, and saving for the future.

“ELFI’s interest rate, payment and loan term was the most competitive in the student loan refinance industry. Their interest rate and monthly payment were significantly lower than my current loan provider, as well as Sofi and other refinance landers. Customer service was impeccable. My questions were answered fully and incredibly quickly. Couldn’t be happier!” – Brian G.


“I chose ELFI because they had lower interest rates than the federal program and was the lowest among other private services. My monthly payments will be more, but my interest rate is 1.8% better and over the ten year life of the loan, this will save nearly $10,000 in interest.” – Calder O.


“I chose ELFI because of the potential for a low rate and the variety of term lengths. I will save approximately $5,000 over the life of my loan and for me, this means more duplicate bridge tournaments! The customer service was excellent, easily the best in my experience with multiple financial institutions. Very responsive to email and telephone. Much better than the competition in student loan finance.” – Thomas O.


“ELFI offered me a great combination of a low payment and low interest rate. This gives me flexible options to pay down my debt faster by making extra payments each month, while at the same time leaving that cash available if I need it. My payment is $100 les per month after my consolidation and I plan to take that money and save it for upcoming projects on my house.” – Russell K.


“ELFI was a breeze to deal with. All I had to do was complete some simple forms and upload a few documents. Anytime I had a question or issue they went above and beyond to either answer or even take care of the issue for me. I will now save around $24,000 over the life of my loan and I plan to use the savings to pay off my house faster. The best thing is, it cost us nothing. I wish I had refinanced with ELFI years ago.” – Lance S.


“AMAZING experience with ELFI! Not only did they offer the best rate, but I had a friendly and knowledgable personal loan advisor throughout the entire process.” – Nicole D.


“I’m not sure the exact dollar amount I saved, but I went from 7.86% down to +/- 3%. I am 100% dedicated to getting my loans paid off as soon I can. The customer service was excellent. If you guys did home and auto loans I would be using your serivce as well! I love the experience and the personal relationship.” – Sara W.



“I am saving $222 a month now on my 10-year loan. I’m using my savings towards a down payment for a house. I loved how easy this was and I felt like they genuinely cared about me.” – Jennifer D.

“My interest rate was lowered by an average of 4-4.5%, so I am saving $2000+ a year on my $50,000 loan. My plan is to use this money to pay off my college debt earlier than planned. I was very pleased with the ease of uploading documents; all in all, it was a good system and customer experience.” – Jan F.

“I found the website looking online for loan consolidation. I’m now saving $274 per month and I plan on spending it for rent in a new house. The customer service was excellent throughout the entire process.” – Andrew C.

“The average interest rate I was paying on the government funded loans decreased approximately 4%. This will be approximately $37,000 in interest savings. My experience with the customer service personnel at ELFI was great – they made sure I understood each and every step of the process and kept me informed of the status of my loan.” – Lauren P.

“I chose ELFI because they gave me the lowest interest rate. I am now saving $500 each month, which I am going to use to contribute to my 401(k) and my ROTH IRA. I have told all of my friends with loans about ELFI. One thing that was special about my service with ELFI is that there is no pre-payment fee.” – Shelly L.

“I went from a 30-year loan at 6-8% to a 5-year loan at 3.49%. I’ll save close to $200,000, which I’ll use to pay off my house and save for retirement. The first bank I went to seemed indifferent to helping me, but ELFI was always going above and beyond to help me get my loan approved. I’ve recommended ELFI to several of my friends.” – Andrea C.

“I had been making on time payments [on my student loans] for eight years and found myself deeper in debt than the original loan because of variable interest rates. Before refinancing to a fixed rate loan, I was 26 years away from being debt free. ELFI just gave my family a light at the end of the tunnel. Now, my monthly payment is basically the same as before, but I’ll be debt free in 10 years.” – Nikki F.

“I was able to shorten my repayment term by five years, while still making the same payment. And, it is a simple interest loan that allows me to easily pay ahead on the principal. With my savings, I will be able to pay off my student loans faster and this gives me peace of mind! It was very convenient – everything was done online. Fast, simple, easy, great service, and great rates. It doesn’t get any better than this. Each month I see the reduction in principal on my loan and it makes me feel good.” – Julia S.

“ELFI’s customer service was great, and they didn’t make too many phone calls or send to many emails. The process was very easy compared to other companies.” – Ashleigh S.

“ELFI had great customer service – very efficient and simple and a good interest rate. I’m saving $2000 per month now.” – Danny R.

“I went from a 6% loan for 30 years to a 4% loan over 7 years so I am saving a ton of interest. This will allow me to pay the loan off sooner and put that money towards vacations! The customer service was great; everyone was extremely helpful and kind.” – Emily D.

“I had a reduction of 6.5% to 3.99% and am going to save the savings. Customer service was very prompt and responsive.” – Shabnam J.

“This company provided the best rates. The refinance took a notable amount off of my interest. I will use the savings to continue to pay off my loans.” – Jeffery F.

“They were the lowest rate and monthly payment. I am saving over $250 per month and they have been helpful and responsive” – Daniel R.**

“I chose ELFI because of a Student Loan Hero recommendation. I’m making the same minimum payment but shaving a year off my loan. The staff was fantastic and had great customer service skills. No long waits on the phone was a very pleasant surprise.” – Dylan B.

“I am saving about $100 a month with my ELFI loan. I am putting the extra $100 towards paying off other debt.” – Kerrie B.

“ELFI had the best customer service ever from the beginning of my application process. The application process was very easy and quick and they updated me every step by step process. They were very helpful and were able to help me via email and phone calls even when I had a very busy schedule. I will be saving over $4,000 over the life of the loan and I am planning to spend that to travel to places I have never been.” – Matthew P.

“This is my second refinance with ELFI. Overall, I estimate saving in excess of $30,000 over the life of the loan.” – Elizabeth C.

“I chose to go with ELFI because I could call and email our agent. The other companies I investigated took too long to get back to me and I had no direct contact. ELFI is great company and I have had nothing but a great experience so far.” – Neil D.

“I took a student loan with a 6% interest rate and now I have an interest rate under 4% which is very reasonable.” –Firoozeh F.

“I will be saving tens of thousands of dollars over the course of the loan. Saving several hundred monthly, with money that’s now going towards principal instead. ELFI’s customer service put a lot of effort into helping me get through the process, including phone calls way after normal business hours or over the weekend, which sometimes was the only time I was available.” – David G.

“I am saving about $600 a month. It was nice to be able to speak with a real person since I am not computer savvy.” –Danielle M.

*The preceding statements are all statements from actual customers and they were not compensated or paid for their testimonials.
**Individual rates are based on factors such as credit history and will be determined upon application.

Apply today to see how much you could save.