LendKey Bonus Offer Disclosure:
Terms and conditions apply. To qualify for this LendKey Bonus offer: 1) you must not currently be an LendKey client, or have received the bonus in the past, 2) you must submit a completed student loan refinancing application through the designated Student Loan Planner® link; 3) you must provide a valid email address and a valid checking account number during the application process; and 4) your loan must be fully disbursed.
You will receive a $1,250 bonus for eligible refinances of $100,000 or more, or a $100 to $350 bonus for eligible refinances of $5,000 to $99,999.99, depending on the amount refinanced. For the $1,250 Welcome Bonus offer, $500 will be paid directly by Student Loan Planner®, and borrowers must complete the Refinance Bonus Request Form to claim bonus offer. Additional terms apply. LendKey will automatically transmit $750 to your checking account after the final disbursement. For the $100 to $350 Welcome Bonus offer, LendKey will automatically transmit the $100 to $350 bonus to your checking account after the final disbursement. There is a limit of one bonus per borrower. This offer is not valid for current LendKey clients who refinance their existing LendKey loans, clients who have previously received a bonus, or with any other bonus offers received from LendKey via this or any other channel. Bonus cannot be issued to residents in KY, MA, or MI.
Interest Rate Disclosure
Actual rate and available repayment terms will vary based on your income. Fixed rates range from 4.89% APR to 9.64% APR (the lower rate includes a 0.25% Auto Pay discount). Variable rates range from 4.54% APR to 8.62% APR (the lower rate includes a 0.25% Auto Pay discount). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 18% (the maximum allowable for these loans). LendKey variable interest rate student loan refinance loans are based on a publicly available index, the 30-day SOFR rate. Your rate will be calculated each month by adding a margin between 1.21% and 7.06% to 30-Day SOFR. LendKey rate ranges are current as of 4/15/2025, and are subject to change based on market conditions.
Auto Pay Discount Disclosure
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.
