Why Refinance Your Student Loans

Debt is expensive financially and can also be costly to your feeling of health and wellbeing. If you refinance your student debt with Impact Capital Funds, you can save 10-50% on loan interest, and you may be able to get out of debt up to 30% faster! See what you could save by using our calculator.

Find My Rate Now

Process & Requirements


See How Much You Could Save

Our refinance calculator allows you to see how much you could save by refinancing your student loans with Impact Capital Funds.


April 29, 2021

The ICF Guide to Student Loan Refinancing

Impact Capital Funds’ (ICF) student loan refinancing guide aims to guide a borrower who is considering refinancing student loans. Our intent is to provide a borrower with the tools necessary in order to be better informed, highly organized, and able to make a well-informed personal […]
April 9, 2021

The Ripple Effect – Student Loan Debt and the US Economy

Have you ever been outside near a pond and the first drop of rain gently splashes down? You watch as that single drop lands in the pond – plop! The taut surface of the water is strong, but the single drop of rain breaks the […]
April 1, 2021

Meet our CEO – Steps Along the Way (Part II)

“I think you should go” was what Elizabeth’s high school English teacher wrote at the bottom of her essay. Take a real-life event; argue the pros and cons; come to a decision. That was the assignment and Elizabeth focused on whether she should enroll at […]


Borrower Frequently Asked Questions

1Does ICF charge fees for the student loan refinance?
ICF does not charge application fees, origination fees, or prepayment penalties for the student loan refinance.
2Is the money for my ICF loan sent to me (the borrower), or directly to the original lender?
The funds will be disbursed directly to your former loan service provider(s). This assures that your former loan balance is fully paid off.
3Will checking my rate on the ICF website affect my credit?
To check the loan rates and terms you qualify for, ICF conducts a soft credit pull that will not affect your credit score.
4Will applying for a student loan refinancing affect my credit?
To check the rates and terms you qualify for, ICF will conduct a soft credit pull that will not affect your credit score. However, if you choose a product and continue with your application, we will be requesting a full credit report from a consumer reporting agency, which is considered a hard credit pull.
5Who will service my loan?
Loans are serviced by Launch Servicing. Once your refinance goes into repayment, Launch Servicer can be contacted to answer any questions. Their contact number is 877-354-2629.
6Can my spouse and I refinance and consolidate all of our loans into one?
No. A refinanced ICF loan can only be comprised of loans that were previously under one person’s name. This means your spouse can apply separately for refinancing.
7Can I add a Cosigner?
Yes! Adding a cosigner may help strengthen your application profile which could result in a lower APR.
8If I default on my loan, is my co-signer responsible for repaying my loan?
Yes. If you default on your loan, your co-signer will be liable to pay it.
9As a borrower, how long does it take to be approved and receive my ICF loan?
It takes only 2-4 minutes to prequalify. When you formally apply for your refinance loan, you will need to upload documents such as your W-2, a color copy of your driver's license, and the pay-off from your current loan(s). Once you have uploaded everything needed for the decision, you generally receive an answer within 24-48 hours.
10What is the AutoPay discount?
The ICF 0.25% autopay interest rate reduction (discount) requires you to agree to schedule your automated monthly payments by an automatic monthly deduction from a checking or savings account.
11What happens to my loan if ICF is no longer around?
You do not need to worry. The loan lives on and is tied to the servicer of that loan (Launch Servicing). You will continue to make payments as scheduled through the third-party loan servicer ICF works with.
12Can international students on H-1B or STEM OPT Refinance with ICF?
Yes! We offer International Student loan refinancing with competitive rates starting at 3.9% APR. Please go to our refinance section to see your rate.
13Does ICF have a variable rate product?
No. Currently, ICF only offers a fixed-interest student loan refinance product.
14Will ICF Refinance both federal (government) and private student loans?
Yes, ICF will refinance and consolidate all qualified educational loans, including federal Parent PLUS loans and private loans.
15Does ICF Offer a Grace Period?
We do not offer a grace period.
16What are the minimum and maximum amounts I can refinance with ICF?
The minimum amount you can refinance with ICF is $20,000. The maximum amount is $200,000.

Invest Now