We are constantly expanding our eligibility criteria to help more students save on their loans, so if you don't qualify now please check back soon. Eligibility criteria require that:
If you're not looking for refinance and instead are looking to get a loan for your upcoming studies, click here.
Terms and Conditions Apply.
Prodigy Finance reserves the right to vary or discontinue this program at any time without notice. To qualify, borrowers must meet Prodigy Finance eligibility and underwriting requirements.
Prodigy Finance Limited is incorporated in the United Kingdom (Company Number 05912562) and authorised and regulated by the Financial Conduct Authority (firm registration number 709641) for consumer credit activities. Prodigy Finance Limited loans are offered to eligible borrowers and the loans are governed by English law.
* Savings determined by calculating the difference between the costs of an example of a current loan and two Prodigy Finance refinanced loan options (Options 1 or 2), assuming all payments are made on time, monthly payments are made in full for the duration of the loan, and interest rates do not change over time (USD Libor fluctuates, which can temporarily increase or decrease the cost of the loan over time). Current student loan: $100,000 at 8.25% interest rate with 20 years remaining on the loan; compared with Option 1: $100 000 at 6.55% interest rate (fixed interest rate of 5.25% + 3-month USD Libor of 1.30%) with a 7-year loan term. This option results in savings of more than $75 000 over the life of the loan; or compared with Option 2: $100 000 at 6.55% interest rate (fixed interest rate of 5.25% + 3-month USD Libor of 1.30%) with a 20-year loan term. This option results in monthly savings of over $100.
** Over the 3-month USD Libor base rate. This minimum margin rate is subject to change. If you are approved for a loan, the interest rate will depend on your credit profile, your application and loan term.
Investing - Risk Policy
Investment is restricted to high net worth and sophisticated investors who can demonstrate that they have sufficient knowledge and experience to understand the risks of investing. Risks include the potential loss of capital and limited liquidity. Capital at risk. Investments are long term and it may not be possible to sell your investment prior to maturity. See our full Risk Warning and Terms and Conditions.
© Prodigy Finance Limited 2007 - 2018. All Rights Reserved. Prodigy Finance Limited is incorporated in the United Kingdom (Company Number 05912562) with its registered address at Palladium House 1-4 Argyll Street, London, W1F 7LD and registered with the Office of the Information Commissioner (Reg. No. Z9851854). Prodigy Finance is authorised and regulated by the Financial Conduct Authority (firm registration number 709641) for certain consumer credit activities and for investment activities for investors who have agreed to its terms. Prodigy Finance loans are offered to eligible borrowers who are studying outside of their country of residence and the loans are governed by English law.
Prodigy Services Limited is incorporated in the United Kingdom (Company Number 10201413) with its registered address at Palladium House 1-4 Argyll Street, London, W1F 7LD. Prodigy Services is an appointed representative of BriceAmery Capital Limited which is authorised and regulated by the Financial Conduct Authority. Prodigy Services Limited promotes offers of securities for third party issuers to eligible investors.