Our values were built into the core of Earnest on day one. These values guide our ship, keeping us constantly aligned with what really matters: our clients.
Earn Happy Clients
Client happiness is our true north, and we use both data and empathy to understand our clients’ needs better. Striving daily to provide superior products and unrivaled service, we operate with utmost integrity to earn client trust and nurture enduring relationships.
Challenge Yourself, Question Others
We relentlessly push ourselves to surpass expectations. And by seeking ideas from diverse perspectives and debating them rigorously yet respectfully, we arrive at better insights and decisions.
Make It Happen
We work tirelessly to deliver high-impact results at a rapid pace. Initiative, scrappiness, and grit help us take ownership of problems, craft thoughtful solutions, and make the impossible possible.
Through continuous experimentation, we are steadily learning and improving. Our culture of curiosity and risk-taking—as well as rigorous data analysis—encourages bold steps forward.
Build for Decades, Not Dollars
To create lifelong value for our clients, we must practice the same financial responsibility we expect out of them. Doing more with less may mean sacrificing short-term gains—but we remain steadfastly focused on our long-term vision.
Here is what our math includes:
For the original student loans, the projected lifetime costs are calculated using the weighted average term of the original loans and the weighted average interest rate in effect in the month prior to the refinance event, including borrower benefits (e.g. automatic payment discounts).
For the Earnest student loan refinance, projected lifetime costs are calculated using the selected Earnest term and interest rate, also including borrower benefits.
Projected lifetime costs assume a principal balance of $75,000.
In order to calculate our average client savings, we excluded:
Savings from any client that selected an Earnest loan with a longer term than their Navient student loan terms
Loans resulting from a client refinancing the same Earnest loan with Earnest
Average client savings amount is not predictive or indicative of your individual cost savings. For example, your individual savings may differ based on your loan term and rate type selections, if you change your repayment options, or if you pay off your student loans early.
Explanation of Rates “With Autopay”
Rates shown include 0.25% APR reduction where client agrees to make monthly principal and interest payments by automatic electronic payment. Use of autopay is not required to receive an Earnest loan.
Explanation of Precision Pricing™ Savings
Savings calculations are based on refinancing $121,825 in student loans at an existing loan servicer’s interest rate of 7.5% fixed APR with 10 years, 6 months remaining on the loan term. The other lender’s savings and APR (light green line) represent what would happen if those loans were refinanced at the other lender’s best fixed APRs. The Earnest savings and APR (white line) represent refinancing those loans at Earnest’s best fixed APRs.
Savings is computed as the difference between the future scheduled payments on the existing loans and payments on new Earnest and “other lender” loans. The calculation assumes on-time loan payments, no change in interest rates, and no prepayment of loans.
Individuals portrayed as Earnest clients on this site are actual clients and were compensated for their time to participate.