CreditDonkey is a student loan comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

SoFi Student Loans vs Earnest Student Loans

SoFi is a good option if you have a great credit score. How does it compare to Earnest? Read our comparison chart below.

SoFi is one of the largest student loan refinancing providers. It refinances both federal and private loans, as well as Parent PLUS loans. It offers loan terms from 5 to 20 years. One unique benefit is that SoFi offers complimentary career coaching to borrowers out of work. Minimum $5,000 in loans to be eligible.

While Earnest sets itself apart by taking a more personalized approach to lending. Instead of just looking at your credit score, Earnest also considers your job, savings habits, and how you handle finances. It offers flexibility in payments, with the option to switch between fixed and variable rates. You also can skip a payment every 12 months without penalty. Minimum $5,000 in loans to be eligible.

Compare SoFi with Earnest, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 SoFi Student LoansEarnest Student Loans
 Learn MoreLearn More

SoFi Student Loans

Earnest Student Loans

Refinance Student Loans - Learn More

Read SoFi Review

Refinance Student Loans - Learn More

Read Earnest Review


Benefits and Features

Variable APR2.31% to 7.36% APR (with AutoPay)1.99% - 6.89% (includes 0.25% autopay discount)
Fixed APR3.46% to 7.36% APR (with AutoPay)3.20% - 6.99% (includes 0.25% autopay discount)
Minimum Amount$5,000 (may be higher depending on state)
Maximum Amount
No maximum
Loan Term
5 to 20 years
Custom term from 5 to 20 years (180 term options)
State Residency
All states eligible
Most states with the exception of: DE, KY, and NV and no variable rate loans to residents of: AK, IL, MN, NH, OH, TN and TX
Degree Requirements
Associates or higher
Associates or higher
Income Requirements
Employment RequirementsMust be employed or have an offer to start within 90 daysMust be employed or have an offer for a position to start within 6 months
Interest Only Payments
Origination Fees
Prepayment Penalty
Can Use a Cosigner
Can Release a Cosigner
Only on existing loans
Auto-Pay Interest Rate Reduction
Soft Credit Check
Unemployment Protection

CreditDonkey® Reviews

 SoFi Student LoansEarnest Student Loans
Customer Service
Loan Term
Ease of Use
Interest Rates
Payment Flexibility
Pros & ConsPros:
  • Keep federal grace period
  • Refinance Parent Plus loans
  • Must have great credit score
  • Looks beyond your credit score
  • Custom term based on budget
  • Option to skip one payment every 12 months
  • Tougher requirements
  • No co-signer option
Bottom LineGood option if you have a great credit score... Read full reviewMerit-based lender with custom terms... Read full review
 Learn MoreLearn More

Refinance Student Loans

Refinance Student Loans

Terms Apply. SoFi Disclaimers 
What Others View

    SoFi: Pricing information from published website as of 11/14/2019

    Earnest: Pricing information from published website as of 11/6/2019

    Which is Better: SoFi or Earnest?

    Still need help deciding which student loans is better? Read the in-depth reviews below. You may also be interested in comparing SoFi or CommonBond.

    Articles on SoFi Student Loans


      Is student loan refinancing a good idea? Is SoFi legit? Is NOW a good time to refinance? Read on. The answers may surprise you.

    Articles on Earnest Student Loans


      Earnest offers low student loan refinance rates and customizes payments based on your budget. But approval may be harder. Read on for the pros and cons.

    Which Do You Think is Best?

    Email (won't be published)

    You Might Also Like


      Splash Financial Review

      Splash Financial offers competitive rates for student loan refinancing, with an emphasis on medical and dental school loans. Is it right for you? Read on.

      Credible Student Loan Refinance Review: Is It Legit?

      Credible helps you easily compare offers from multiple student loan refinance lenders. It this free service good? Read on to learn how it works.

      LendKey Review

      Saving thousands of dollars on your student loans sounds perfect, and that's just what LendKey promises. Is it the real deal, though?

      Best Student Loan Refinance

      What is the best company to refinance student loans? Read this guide to compare interest rates and find out if it is still a good idea.

      Should You Consolidate Your Student Loans?

      Consolidating your student loans may lower your payments. But is it always a good idea? Learn the pros and cons of student loan consolidation and refinancing.

      Laurel Road Student Loan Review: Pros and Cons

      If your student loan interest is too high, consider refinancing with Laurel Road. But wait. Read this review to learn how it works and what to watch out for.

      CommonBond Review: Is It Legit?

      CommonBond offers competitive rates for student loan refinance along with a strong social mission. Is it right for you? See the pros and cons.

    Compare SoFi to:

    You might also be interested in

    How Much Will My Student Loan Payments Be

    Average student loan debt is around $35,000. But the type of loan, interest rate, and other factors will determine how much they'll actually cost. See an estimate of how much you can expect to pay each month.

    Compare Earnest to:

    Next Page:

    About CreditDonkey®
    CreditDonkey is a student loan comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

    Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

    †Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

    *See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

    CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.