Study: What Americans Want to Know About Money in Every State

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Have you ever turned to the internet for help making a financial decision or managing your money? If so, you’re not the only one, according to our recent study of online searches.

We wanted to see what money questions people are Googling and how those queries vary from state to state and city to city. We also included the District of Columbia in our research.

To find out what Americans are searching for, we collected and analyzed results for popular money-related search terms, from getting a credit card to managing retirement accounts. Here’s what we found.

Key findings

Using Google Trends, we found that a few money-related search terms have become more popular throughout the U.S. in the past 12 months.

  • The new tax bill and the Equifax data breach have been among the biggest money-related news topics in the past year. Searches for “tax bill” are up 1,000%, and people are searching more often for both “Equifax” and “Equifax data breach.”
  • Queries for cryptocurrency-related terms have shot up. Searches for “Bitcoin value” and “Bitcoin price” were more common around the time the cryptocurrency’s value peaked in late 2017. This event also bumped up similar searches for other cryptocurrencies, such as Ethereum, Litecoin, and Ripple.
  • People are searching for “deposit account” and “certificate of deposit” (CD) more often. With interest rates on the rise, savers might have more incentive to find high-yield savings accounts or take advantage of CDs.
  • An increasingly popular source of personal finance advice is Reddit. One of the fastest-growing queries related to this topic is for the “r/personalfinance” subreddit. Searchers also want to find the “Reddit personal finance flowchart.”

The most-Googled money term in each state

Through our Google Trends analysis, we found that money-related queries can and do vary across the nation. In some states, online users are focused on their debt; in others, they look ahead to save for retirement. And some states’ residents are focused on scraping by.

Even within a state, the financial topics users Google vary by city and metropolitan area. While Angelenos worry about their debt, for instance, people in San Francisco search for investment- and tax-related terms.

Below are the full results of our analysis of the personal finance-related search terms we researched. You can find the most-searched money topics in your city or state and see how you compare to others in your area.

They reveal what financial questions people in your area have or what money moves they’re preparing to make. Maybe you have the same questions, or perhaps you’re already well-informed about that aspect of managing your finances.

Alabama: ‘Build credit’

  • Birmingham: “loan payment”

  • Mobile: “buy a car”

  • Montgomery: “credit score,” “student loan forgiveness,” “bankruptcy”

Overall, Alabamians are most concerned with managing their credit and payments, with top searches such as “build credit” and “loan payment.”

Alaska: ‘Compound interest’

  • Juneau: “cryptocurrency,” “mortgage rates,” “IRA”

Alaska residents want to not only understand compound interest but also earn it by investing in stocks. And despite the fact that Alaska has no state income tax, “tax bracket” is a popular search term.

Arizona: ‘Debt to income’

  • Phoenix: “pay off debt,” “refinance car loan,” “title loan”

  • Tucson: “debt relief,” “compound interest”

The financial focus in Arizona is securing and paying off debt. In addition to “debt to income,” Google users in the Grand Canyon State also search for “refinance car loan” and “late payment.”

Arkansas: ‘Saving money’

While no Arkansas cities showed up in the Google Trends searches included in this study, it’s a good sign that so many online searches in the state are for “saving money.” Other top terms in the state include “loan payment” and “Social Security.”

California: ‘Cryptocurrency’

  • Los Angeles: “late payment,” “late fee,” “debt repayment,” “best credit card”

  • Monterey: “retirement planning”

  • Palm Springs: “refinance mortgage”

  • San Diego: “HELOC,” “cryptocurrency”

  • San Francisco: “Bitcoin,” “401k,” “capital gains,” “index funds,” “tax bracket,” “tax deduction”

Many California residents are focused on the investing trends of the moment. “Cryptocurrency” and “Bitcoin” are top searches.

Search terms are highly regional in this state too. Los Angeles residents are focused on keeping up with debt payments, while San Franciscans are all about investing and minimizing their tax liabilities.

Colorado: ‘Capital gains’

  • Colorado Springs: “student debt,” “personal loan,” “reverse mortgage”

  • Denver: “capital gains,” “HELOC,” “consolidate debt”

  • Grand Junction: “home loan”

The focus in Colorado on “capital gains” shows an interest in investing. But home financing-related terms such as “reverse mortgage,” “mortgage rates,” and “buy a home” are also popular.

Connecticut: ‘401k’

  • Hartford: “new credit card”

Connecticut residents might be focused on building their nest eggs, as evidenced by top searches such as “401k” and “invest in stocks.” They also search for “income tax.”

Delaware: ‘Bankruptcy’

Despite no Delaware cities turning up in our Google Trends search, the state has a clear financial focus: dealing with personal debt and credit. It’s where “bankruptcy” is Googled most often. Residents also search for “FICO score” and “credit report.”

District of Columbia: ‘Public Service Loan Forgiveness’

It’s unsurprising that people who live and work in the nation’s capital have a greater interest in Public Service Loan Forgiveness (PSLF). With so many government jobs in Washington, D.C., many of its residents with federal student loans could be eligible for PSLF.

Other top search terms in this area focus on saving and investing: “return on investment,” “brokerage account,” and “index fund.”

Florida: ‘Credit card’

  • Fort Myers: “CD rates,” “reverse mortgage,” “buy a home”

  • Gainesville: “Public Service Loan Forgiveness”

  • Jacksonville: “buy a home”

  • Miami: “car lease,” “auto lease,” “best credit card,” “cryptocurrency”
  • Tallahassee: “return on investment,” “how to invest,” “cash flow”

  • West Palm Beach: “net worth,” “car lease,” “FHA loan,” “FICO score,” “CD rates”

Floridians are focused on credit cards, ranking for “credit card” and “pay off credit card.” They also want to improve their credit; another top search term is “increase credit score.”

Georgia: ‘Credit report’

  • Albany: “life insurance,” “Social Security,” “Public Service Loan Forgiveness”

  • Atlanta: “car note,” “net worth,” “debt snowball”

  • Columbus: “bank account,” “how to invest,” “certificate of deposit”

  • Savannah: “FICO score”

Overall, managing debt and credit is a major focus for Georgians. Popular search terms include “credit report,” “car note,” and “build credit.”

Hawaii: ‘Bitcoin’

  • Honolulu: “HELOC,” “Bitcoin,” “property tax”

Bitcoin is making waves in this island state, where it’s searched for more often than anywhere else in the U.S. Hawaii residents also search for “how to invest” and “HELOC,” or home equity line of credit.

Idaho: ‘Home loan’

  • Boise: “debt ratio,” “home loan,” “car insurance,” “debt consolidation”

  • Twin Falls: “loan calculator”

It’s no surprise Idaho residents are searching for “home loan” — Boise has one of the hottest housing markets in the U.S., according to a March 2018 report from

Other top search terms in the state are related to debt too: “loan calculator” and “compound interest.”

Illinois: ‘Property taxes’

  • Chicago: “late fee,” “car note,” “home insurance”

  • Peoria: “auto loan”

  • Springfield: “income tax”

In Illinois, residents are searching for “property taxes” and “income tax.” Illinois has the second-highest property tax rate in the nation, reported The New York Times in March 2018.

Indiana: ‘Debt snowball’

  • Evansville: “buy stocks,” “pension”

  • Indianapolis: “debt snowball,” “return on investment,” “how to budget”

  • Lafayette: “car insurance,” “debt consolidation,” “business loan”

The debt snowball method is a popular way to pay off debt, and Indiana residents search for this term more often than the rest of the nation. Other top search terms include “debt repayment” and “return on investment.”

Iowa: ‘How to budget’

  • Cedar Rapids: “what is APR”

  • Des Moines: “compound interest”

Iowans are starting with the basics of money management and searching for “how to budget” more than any other state. But they’re also looking up advanced topics such as “invest in stocks” and “compound interest.”

Kansas: ‘Financial planning’

  • Topeka: “sales tax”

Kansas residents want a plan in place for their money, as their Google queries for “financial planning,” “saving money,” and “retirement planning” show.

Kentucky: ‘Pension’

  • Bowling Green: “pension,” “refinancing mortgage”

  • Lexington: “pension”

  • Louisville: “get out of debt,” “debt calculator,” “debt repayment,” “pension”

Recent policy debates over pay for teachers in Kentucky are likely the reason so many people in the state are searching for the term “pension.” Kentucky residents also are searching for the terms “get out of debt” and “student loan forgiveness.”

Louisiana: ‘Payday loan’

  • Baton Rouge: “payday loan,” “net worth”

  • Lafayette: “checking account,” “mortgage rates”

  • Monroe: “checking account,” “payday loan”

  • Shreveport: “payday loan,” “personal loan”

Lots of Louisiana residents might be in need of fast cash; it’s the state where “payday loan” is searched for the most. Residents are looking into other essential financial products as well, as they’re also searching for “auto insurance” and “checking account.”

Maine: ‘Savings calculator’

  • Bangor: “FHA loan”

  • Portland: “retirement savings”

This state’s Google users stand out for their interest in funding their retirement accounts. Maine searches for “savings calculator” and “retirement savings” more than other states, and “savings rates” is another popular search in the state.

Maryland: ‘Tax credit’

  • Baltimore: “tax credit,” “retirement savings”

Maryland residents have more varied financial searches. “Tax credit,” “overdraft fee” and “how to invest” are all searched for more in this state than elsewhere in the U.S.

Massachusetts: ‘Refinance student loans’

  • Boston: “IRA,” “savings rates,” “refinance student loans”

Massachusetts is home to famed institutions such as the Massachusetts Institute of Technology and Harvard, so it’s no surprise student loans are on many residents’ minds. In addition to searching for “refinance student loans,” they also search for information about retirement savings. These searches  include “401k” and “IRA.”

Michigan: ‘How to make more money’

  • Alpena: “credit union,” “401k”

  • Detroit: “invest in stocks,” “car lease”

  • Lansing: “Public Service Loan Forgiveness,” “student debt,” “401k”

In Michigan, many residents are looking to find out how to make more money. According to data from the Bureau of Labor Statistics (BLS), the state’s average annual earnings of $48,300 are behind the national average of $50,620. Other common searches include “credit union” and “car note.”

Minnesota: ‘Property tax’

  • Duluth: “property tax”
  • Minneapolis: “property tax,” “debt snowball,” “index funds”

Interestingly, this state has average property tax rates, according to WalletHub, despite so many Minnesotans searching for “property tax” and “property taxes.”

Mississippi: ‘Social Security’

  • Biloxi: “buy a car,” “payday loan,” “credit report”

  • Columbus: “loan payment,” “what is interest”

  • Greenville: “payday loan,” “Social Security”

  • Jackson: “title loan,” “what is interest,” “saving money”

  • Meridian: “life insurance,” “health insurance”

Mississippi has a weak economy, according to a March 2018 Business Insider study. Many Mississippians use Google to find financial help and learn about Social Security benefits, credit reports, and title loans.

Missouri: ‘Earn more money’

  • Columbia: “student debt,” “Public Service Loan Forgiveness,” “debt ratio”

  • Joplin: “sales tax”

  • Kansas City: “refinance car loan,” “property tax,” “tax bracket”

  • St. Joseph: “Social Security”

  • St. Louis: “property tax,” “tax bracket”

The average annual income in Missouri is $45,520, according to the BLS, which trails the national average by $5,100. It makes sense, then, that the state’s Google users are searching for “saving money” and “earn more money.”

Other popular searches in this state, including “home loan” and “FHA loan,” focus on home financing.

Montana: ‘Loan calculator’

  • Glendive: “Bitcoin”

  • Helena: “health insurance,” “loan calculator”

  • Missoula: “loan calculator”

With a top search term of “loan calculator,” Montanans seem to be interested in getting a closer look at their debt. They also search for “how to budget” and “saving money” more often than other Google users in the U.S.

Nebraska: ‘Paycheck’

  • Lincoln: “get out of debt,” “retirement planning,” “consolidate debt”

The popular Google searches in Nebraska show that residents are focused on managing their everyday finances. Top queries include “paycheck,” “loan payment,” and “free checking account.”

Nevada: ‘Buy a home’

  • Las Vegas: “debt relief,” “buy a car,” “title loan”

  • Reno: “reverse mortgage,” “title loan,” “sales tax”

Many Nevadans are searching for “buy a home,” but searches such as “debt relief” and “title loan” could be evidence that residents are struggling to make ends meet.

New Hampshire: ‘Car loan’

None of New Hampshire’s cities showed up in our Google Trends analysis. The state’s residents are conducting some interesting searches for “car loan” and “401k loan.”

New Jersey: ‘Car lease’

New Jersey is the top state searching for “car lease.” Other popular searches show a keen interest in, well, earning interest. New Jerseyans search for “invest in stocks,” “how to invest,” and “CD rates” more often than Google users in other states.

New Mexico: ‘New credit card’

New Mexico’s residents searched most for “new credit card” — which could be the result of an overlap of the word “new” in the state’s name and the search term. A related search term in this state is “pay off credit card.”

New York: ‘Health insurance’

  • Albany: “home equity loan,” “car loan”

  • New York City: “mortgage rates,” “CD rates,” “certificate of deposit”

  • Syracuse: “cash flow,” “student loan forgiveness,” “retirement savings”

By far, New York is the state with the most searches for banking and financial products. Some of its top searches are for deposit accounts: checking, savings, money market, and certificates of deposit. New York residents also search for rates on mortgages and savings accounts as well as health and life insurance more often than residents of most other states.

North Carolina: ‘Get a raise’

  • Charlotte: “401k loan,” “401k,” “brokerage account”

  • Greensboro: “home insurance”

  • Raleigh: “401k,” “money market account,” “what is interest”

North Carolina workers earn $46,080 per year on average, according to the BLS, which is $4,540 behind the national average. That might be why many North Carolinians search for “get a raise.” Additionally, this state searches for “401k” and “late fee” more often than U.S. Google users overall.

North Dakota: ‘Student loans’

  • Bismarck: “buy stocks,” “student loans,” “student loan forgiveness”

  • Fargo: “student loans”

Borrowers in North Dakota might be stressing over their student loans, as this state Googles the term “student loans” more often than any other. Other popular Google queries in North Dakota include “property taxes” and “how to budget.”

Ohio: ‘Income tax’

  • Cincinnati: “refinance car loan”

  • Cleveland: “refinance student loans”

  • Columbus: “return on investment”

  • Toledo: “buy a home”

  • Youngstown: “home loan,” “FHA loan,” “income tax”

  • Zanesville: “auto loan,” “credit score”

Based on their top Google searches, Ohio residents want to keep more of their money instead of paying income tax, overdraft fees, or debt interest (“pay off debt”).

Oklahoma: ‘Debt repayment’

  • Oklahoma City: “what is APR,” “debt repayment,” “how to budget,” “return on investment”

  • Tulsa: “balance transfer,” “retirement planning,” “financial planning”

Oklahoma is the state where internet users are most interested in “debt repayment.” They also search for “what is interest” and “car loan.”

Oregon: ‘Mortgage’

  • Medford: “home loan”

  • Portland: “auto lease,” “tax credit,” “credit history,” “debt repayment”

The residents of Oregon are searching for the term “mortgage” more often than most other U.S. Google users. Other hot searches for the state include “auto lease” and “credit history.”

Pennsylvania: ‘Pay off credit card’

  • Erie: “student loans”

  • Harrisburg: “certificate of deposit,” “savings calculator”

  • Philadelphia: “new credit card,” “invest in stocks,” “pay off debt”

  • Pittsburgh: “savings calculator,” “refinance student loans”

  • Scranton: “home equity loan,” “credit card”

Getting out of debt might be a top personal finance goal for Pennsylvania Google users. They rack up searches on terms such as “pay off credit card” and “refinance student loans.”

Rhode Island: ‘CD rates’

  • Providence: “CD rates”

Rhode Islanders might be interested in getting more out of their savings, as evidenced by their frequent searches for “CD rates.” Other top search terms in the state include “cash flow” and “auto lease.”

South Carolina: ‘Car insurance’

  • Columbia: “credit report”

In South Carolina, Google searchers could be trying to save on a major monthly expense: car insurance. Another top search term is “tax refund.”

South Dakota: ‘Auto loan’

  • Rapid City: “debt consolidation”

  • Sioux Falls: “student loans”

South Dakota is ahead of the rest of the U.S. in terms of how often its residents search for “auto loan” and “loan payment calculator.” Residents of this state also want to know about “student loans” and “compound interest.”

Tennessee: ‘Extra income’

  • Chattanooga: “buy a home”

  • Knoxville: “saving money,” “debt relief”

  • Memphis: “bank account,” “title loan,” “net worth”

With an average income of $43,550, Tennesseans could use the extra income they’re searching for to make up for earning $7,070 less than the national average, per BLS data.

Texas: ‘Best credit card’

  • Beaumont: “FHA loan,” “Social Security,” “checking account”

  • Dallas: “build credit,” “credit history,” “debt snowball,” “late payment”

  • Houston: “401k loan,” “debt snowball”

  • Laredo: “credit card,” “income tax”

  • McAllen: “best credit card,” “credit card,” “income tax”

  • San Antonio: “consolidate debt,” “get out of debt,” “best credit card”

  • Waco: “compound interest,” “debt ratio”

Texas residents might be in the frame of mind to shop for new loans and credit, as evidenced by the state’s popular search terms. “Best credit card” is searched for more in Texas than in other states. “Origination fee” is another popular search term in the state.

Utah: ‘What is APR’

  • Salt Lake City: “tax bracket,” “compound interest,” “what is APR”

Many Utahns are searching for “what is APR” and the related term “compound interest.” Others are using Google to find out how to budget.

Vermont: ‘Retirement savings’

  • Burlington: “student debt”

According to the state’s popular Google searches, Vermont residents have two major financial goals: building a nest egg (“retirement savings” and “save for retirement”) and managing student debt.

Virginia: ‘Pay off debt’

  • Charlottesville: “IRA,” “mortgage rates”

  • Norfolk: “FICO score,” “how to budget”

  • Richmond: “what is APR,” “refinance car loan,” “certificate of deposit”

  • Roanoke: “saving money,” “financial planning,” “money market account”

Debt is on many Virginians’ minds. Some are searching for ways to pay off debt. They’re using Google to find out more about origination fees on new loans.

Washington: ‘Sales tax’

  • Seattle: “sales tax,” “tax bracket,” “capital gains,” “index funds”

Washington doesn’t have its own income tax, but residents are concerned about the sales tax they’ll pay. “Debt to income” and “cryptocurrency” are other top money-related Google searches in this state.

West Virginia: ‘Tax refund’

  • Bluefield: “Social Security,” “credit score”

  • Charleston: “student loan forgiveness,” “Public Service Loan Forgiveness”

  • Parkersburg: “Credit report,” “loan calculator,” “car loan”

In West Virginia, Google users are concerned with getting the money they’re entitled to from the government, as evidenced by top searches for “tax refund” and “Social Security.” “Paycheck” is another common search term in West Virginia.

Wisconsin: ‘Credit union’

  • Green Bay: “credit union,” “certificate of deposit,” “tax credit”

  • Madison: “ETF,” “savings calculator,” “retirement savings”

  • Milwaukee: “retirement savings,” “get out of debt,” “savings calculator”

Wisconsin residents search for “credit union” more frequently than Google users elsewhere in the U.S. The state also sees queries for “retirement savings” and “health insurance.”

Wyoming: ‘Debt consolidation’

  • Cheyenne: “health insurance,” “debt relief,” “bankruptcy”

Wyoming residents search for “debt consolidation” more than residents of other states. Auto-related terms such as “car insurance” and “buy a car” are also popular.

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1 Important Disclosures for Earnest.

Earnest Disclosures

To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.

Earnest fixed rate loan rates range from 3.89% APR (with Auto Pay) to 5.87% APR (with Auto Pay). Variable rate loan rates range from 2.47% APR (with Auto Pay) to 5.87% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of Month/Day/Year, and are subject to change based on market conditions and borrower eligibility.

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The information provided on this page is updated as of 08/21/18. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit, email us at, or call 888-601-2801 for more information on ourstudent loan refinance product.

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Laurel Road Disclosures

Savings example: average savings calculated based on single loans refinanced from 9/2013 to 12/2017 where borrowers’ previous rates were disclosed. Assumes same loan terms for previous and refinanced loans, and payments made to maturity with no prepayments. Actual savings for individual loans vary based on loan balance, interest rates, and other factors.

Application detail: 5 minutes indicates typical time it takes to complete application with applicant information readily available. It does not include time taken to provide underwriting decision or funding of the loan.

Instant rates mean a delivery of personalized rates for those individuals who provide sufficient information to return a rate. For instant rates a soft credit pull will be conducted, which will not affect your credit score. To proceed with an application, a hard credit pull will be required, which may affect your credit score.

Total savings calculated by aggregating individual average savings across total borrower population from 9/2013 to 12/2017. Individual average savings calculation based on single loans refinanced from 9/2013 to 12/2017 where borrowers’ previous rates were provided. Assumes same loan terms for previous and refinanced loans, and payments made to maturity with no prepayments. Actual savings for individual loans vary based on loan balance, interest rates, and other factors.

3 Important Disclosures for SoFi.

SoFi Disclosures

  1. Student loan Refinance:Fixed rates from 3.899% APR to 7.804% APR (with AutoPay). Variable rates from 2.470% APR to 6.990% APR (with AutoPay). Interest rates on variable rate loans are capped at either 8.95% or 9.95% depending on term of loan. See APR examples and terms. Lowest variable rate of 2.470% APR assumes the current index rate derived from the 1-month LIBOR of 2.08% plus 0.64% margin minus 0.25% ACH discount. Not all borrowers receive the lowest rate. If approved for a loan, the fixed or variable interest rate offered will depend on your creditworthiness, and the term of the loan and other factors, and will be within the ranges of rates listed above. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. *To check the rates and terms you qualify for, SoFi conducts a soft credit inquiry. Unlike hard credit inquiries, soft credit inquiries (or soft credit pulls) do not impact your credit score. Soft credit inquiries allow SoFi to show you what rates and terms SoFi can offer you up front. After seeing your rates, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit inquiry. Hard credit inquiries (or hard credit pulls) are required for SoFi to be able to issue you a loan. In addition to requiring your explicit permission, these credit pulls may impact your credit score.
  2. Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (

4 Important Disclosures for LendKey.

LendKey Disclosures

Refinancing via is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.

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CommonBond Disclosures

  1. Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). The following table displays the estimated monthly payment, total interest, and Annual Percentage Rates (APR) for a $10,000 loan. The Annual Percentage Rate (APR) shown for each in-school loan product reflects the accruing interest, the effect of one-time capitalization of interest at the end of a deferment period, a 2% origination fee, and the applicable Repayment Plan. All loans are eligible for a 0.25% reduction in interest rate by agreeing to automatic payment withdrawals once in repayment, which is reflected in the interest rates and APRs displayed. Variable rates may increase after consummation. All variable rates are based on a 1-month LIBOR assumption of 2.08% effective July 25, 2018.

6 Important Disclosures for Citizens Bank.

Citizens Bank Disclosures

  1. Education Refinance Loan Rate DisclosureVariable rate, based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of October 1, 2018, the one-month LIBOR rate is 2.22%. Variable interest rates range from 2.72%-8.32% (2.72%-8.32% APR) and will fluctuate over the term of the borrower’s loan with changes in the LIBOR rate, and will vary based on applicable terms, level of degree earned and presence of a cosigner. Fixed interest rates range from 3.75%-8.69% (3.75%-8.69% APR) based on applicable terms, level of degree earned and presence of a cosigner. Lowest rates shown require application with a cosigner, are for eligible, creditworthy applicants with a graduate level degree, require a 5-year repayment term and include our Loyalty discount and Automatic Payment discounts of 0.25 percentage points each, as outlined in the Loyalty and Automatic Payment Discount disclosures. The maximum variable rate on the Education Refinance Loan is the greater of 21.00% or Prime Rate plus 9.00%. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change. Please note: Due to federal regulations, Citizens Bank is required to provide every potential borrower with disclosure information before they apply for a private student loan. The borrower will be presented with an Application Disclosure and an Approval Disclosure within the application process before they accept the terms and conditions of their loan.
  2. Federal Loan vs. Private Loan Benefits: Some federal student loans include unique benefits that the borrower may not receive with a private student loan, some of which we do not offer with the Education Refinance Loan. Borrowers should carefully review their current benefits, especially if they work in public service, are in the military, are currently on or considering income based repayment options or are concerned about a steady source of future income and would want to lower their payments at some time in the future. When the borrower refinances, they waive any current and potential future benefits of their federal loans and replace those with the benefits of the Education Refinance Loan. For more information about federal student loan benefits and federal loan consolidation, visit We also have several resources available to help the borrower make a decision at, including Should I Refinance My Student Loans? and our FAQs. Should I Refinance My Student Loans? includes a comparison of federal and private student loan benefits that we encourage the borrower to review.
  3. Citizens Bank Education Refinance Loan Eligibility: Eligible applicants may not be currently enrolled. Applicants with an Associate’s degree or with no degree must have made at least 12 qualifying payments after leaving school. Qualifying payments are the most recent on time and consecutive payments of principal and interest on the loans being refinanced. Primary borrowers must be a U.S. citizen, permanent resident or resident alien with a valid U.S. Social Security Number residing in the United States. Resident aliens must apply with a cosigner who is a U.S. citizen or permanent resident. The cosigner (if applicable) must be a U.S. citizen or permanent resident with a valid U.S. Social Security Number residing in the United States. For applicants who have not attained the age of majority in their state of residence, a cosigner will be required. Citizens Bank reserves the right to modify eligibility criteria at anytime. Interest rate ranges subject to change. Education Refinance Loans are subject to credit qualification, completion of a loan application/consumer credit agreement, verification of application information, certification of borrower’s student loan amount(s) and highest degree earned.
  4. Loyalty Discount Disclosure: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower or their co-signer (if applicable) has a qualifying account in existence with us at the time the borrower and their co-signer (if applicable) have submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, or other student loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, and VT and some products may have an associated cost. This discount will be reflected in the interest rate disclosed in the Loan Approval Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
  5. Automatic Payment Discount Disclosure: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their student loans owned by Citizens Bank, N.A. during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. Discount is not available when payments are not due, such as during forbearance. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account three or more times within any 12-month period, the borrower will no longer be eligible for this discount.
  6. Co-signer Release: Borrowers may apply for co-signer release after making 36 consecutive on-time payments of principal and interest. For the purpose of the application for co-signer release, on-time payments are defined as payments received within 15 days of the due date. Interest only payments do not qualify. The borrower must meet certain credit and eligibility guidelines when applying for the co-signer release. Borrowers must complete an application for release and provide income verification documents as part of the review. Borrowers who use deferment or forbearance will need to make 36 consecutive on-time payments after reentering repayment to qualify for release. The borrower applying for co-signer release must be a U.S. citizen or permanent resident. If an application for co-signer release is denied, the borrower may not reapply for co-signer release until at least one year from the date the application for co-signer release was received. Terms and conditions apply.
  7. Estimated average savings amount is based on 14,659 Education Refinance Loan customers who saved on loans between August 1, 2017 and July 31, 2018. The calculation is derived by averaging monthly savings across Education Refinance Loan customers whose payment amounts decreased after refinancing, calculated by taking the monthly payment prior to refinancing minus the monthly payment after refinancing. We excluded monthly savings from customers that exceeded $4,375 and were lower than $20 to minimize risk of data error skewing the savings amounts. Savings will vary based on interest rates, balances and remaining repayment term of loans to be refinanced. Borrower’s overall repayment amount may be higher than the loans they are refinancing even if monthly payments are lower.

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