Terms and Conditions
Terms and Conditions Apply: YREFY, LLC (“YREFY”) 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 other eligible status and meet Yrefy’s underwriting requirements. Not all borrowers receive the lowest rate. If approved, your actual rate and term will be within the range of rates listed above and will depend on a variety of factors, including term of loan, evaluation of your creditworthiness, years of professional experience, income, and a variety of other factors. Rates and Terms are subject to change at any time without notice and are subject to state restrictions. Yrefy refinance loans are private loans and only refinance existing private student loans. Federal student loans are not included in a Yrefy refinance.
† To check the rates and terms you qualify for, Yrefy conducts a soft credit pull that will not affect your credit score. However, if you continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
Yrefy, LLC $10 Check Your Rate and $390 Funding Promotion (“Promotion”): This Promotion is offered by Yrefy, LLC. Yrefy reserves the right to change or terminate this Promotion at any time with or without notice to you. Additional terms and conditions may apply. Promotion is void where prohibited by state law.
Eligible Participants: The Promotion is open to anyone who resides within the United States and is of the age of majority in the state in which they reside. $10 Bonus: To receive the $10 bonus in the form of a gift card through the Promotion you must (1) start your loan application before 1/31/21; and (2) agree to a soft credit pull before 3/31/21 with a representative to check your rate for a Yrefy Private Student Loan Refinance. In order to be eligible to claim a bonus when checking your rate for a Private Student Loan Refinance loan, you must be able to provide proof that you are currently a borrower on a qualified private education loan that is eligible for refinancing with Yrefy. Checking your rate, a soft credit pull will not affect your credit score. If you later decide to submit an application and agree to a hard credit pull your credit score may be impacted. Participants will receive the $10 bonus gift card regardless of whether or not they are pre-qualified for a Yrefy Private Student Loan Refinance loan product. Participant must mention this offer to take advantage of the offer.
$390 Bonus: The $390 Bonus will be paid as an instant principal reduction on your new Yrefy Refinance Loan, within 30 days from funding date. To receive the $390 bonus offer, you must: (1) start a private student loan refinance application before 3/31/21; (2) fund a Yrefy Private Refinance Loan within eighteen (18) months of completing your application (3) and meet Yrefy’s underwriting criteria. The $390 funding bonus is not available for Ohio residents and cannot be combined with any other welcome offer, bonus or discount. Notwithstanding the above, Yrefy reserves the right to exclude any consumer from participating in the Promotion for any reason, including suspected fraud, misuse, or if suspicious activities are observed.
Promotion Period: The Promotion is available beginning on 12:00am Eastern Time on January 4, 2021 and ending 11:59 PM Eastern Time on March 31, 2021. Participants are limited to one (1) $10 gift card bonus and one (1) $390 bonus per Yrefy Private Student Loan Refinance loan.
Payout: All $10 bonus gift card payouts and the $390 principal reduction are fulfilled by Yrefy. You will receive your $390 refinance principal balance reduction within 30 calendar days of funding your Yrefy Student Loan Refinance.
Tax Consequences: Bonus amounts of $600 or greater in a single calendar year may be reported to the Internal Revenue Service (IRS) as miscellaneous income to the recipient on Form 1099-MISC in the year received as required by applicable law. Recipient is responsible for any applicable federal, state or local taxes associated with receiving the bonus offer; consult your tax advisor to determine applicable tax consequences.