How to Easily Redeem Your Bonus
Refinancing your student loans can be a smart financial move—and using an Earnest Student Loan Code can make it even more rewarding. When applied correctly, this code gives you a cash bonus of $200 or more after refinancing. Here’s a detailed step-by-step guide to ensure you don’t miss out on this valuable opportunity.
Step 1: Check Your Eligibility
Before applying the Earnest Student Loan Code, make sure you’re eligible to refinance. Earnest typically requires:
- A credit score of at least 650
- Consistent income or job offer
- A degree from an accredited school
- U.S. citizenship or permanent residency
Once you confirm eligibility, you’re ready to begin the refinance process and apply your bonus code.
Step 2: Start the Online Application
Visit Earnest’s official website and begin your student loan refinance application. The entire process is online, making it fast and convenient. During the application, you’ll provide personal and financial details including income, loan balances, and employment status.
Step 3: Enter the Code at the Right Time
Midway through the application, you’ll see a designated field to enter your Earnest Student Loan Code. Make sure you input the code correctly—this step is crucial. Once submitted, Earnest will track your application and connect the code to your account.
Pro Tip: If you forget to enter the code, you may not be eligible for the bonus. Double-check this step before moving on.
Step 4: Submit Required Documents
To move your application forward, upload supporting documents such as:
- Pay stubs or proof of income
- Government-issued ID
- Current student loan payoff statements
Earnest uses these to verify your ability to repay and to finalize your loan offer.
Step 5: Review and Accept the Offer
After verification, Earnest will provide you with a customized refinance offer. Review your interest rate, loan term, and monthly payment. If everything looks good, accept the offer to move forward.
Remember, applying the Earnest Student Loan Code won’t change your loan terms—it simply adds a bonus once you accept and finalize the loan.
Step 6: Wait for Disbursement
Once you accept the refinance offer, Earnest will pay off your existing loans and disburse the new loan. This step typically takes a few days to a couple of weeks. The timeline depends on how quickly your previous loan servicers process the payoff.
Step 7: Receive Your Bonus
Now the best part: your Earnest Student Loan Code bonus. Once your loan is disbursed, Earnest will process your bonus. Most borrowers receive their $200+ cash bonus within 1–4 weeks after disbursement.
If it takes longer, Earnest’s support team is helpful and responsive—so don’t hesitate to reach out.
Final Thoughts
Using your Earnest Student Loan Code is simple and takes only a few extra minutes during your refinance application. Just make sure to enter it correctly and follow through on the steps above. With a $200+ bonus on the line, it’s one of the easiest and most rewarding parts of refinancing your student loans.