Splash Financial Review
A credit union marketplace with the best sentiment in the category and the least disclosure about who actually lends.
By Michael Hewitt, Founder & Editor-in-Chief. Rates last checked September 11, 2026.
Our verdict
Credit union pricing from 3.99% fixed, a soft pull to check and the strongest Trustpilot score in its group make Splash a good first look for refinancers who don't need a cosigner release. Ignore the advertised 3.71% floor, which Splash's own disclosure contradicts. Cosigner release, late fees and the maximum loan all belong to an unnamed partner, so ask who lends.
Skip it if you need a cosigner release, or want to know who the lender is before you apply.
About Splash Financial
A credit union marketplace with the best sentiment in the category and the least disclosure about who actually lends. Splash Financial is offered by Splash Financial, Inc. (NMLS #1630038), a marketplace working with credit unions and banks. Our editorial rating is 4.9 out of 5.
Best for: Refinancers who want credit union pricing and do not need a cosigner release.
Editorial grade: B- (composite score 71/100).
Highlights
- Fixed 3.99% to 11.24% APR and variable 4.74% to 11.24%, as of 18 August 2026
- Minimum generally $5,000 with no stated maximum
- Soft credit pull to check a rate
- Refinances both private and federal student loans into one loan
What we like
- Trustpilot 4.9 across 2,440 reviews, the strongest in this group
- Partnering with credit unions reaches rates banks often will not match
- No application, origination or prepayment fees on the refinance product
Where it falls short
- Splash's own live disclosure puts the fixed floor at 3.99%; a 3.71% figure shown elsewhere does not match it
- Its Vermont disclosure states plainly that Splash is not the lender and that the lender may not be subject to all Vermont lending laws
- No published cosigner release, no published late fee and no published maximum loan amount. All three belong to an unnamed partner
Fees, minimums, and rates
Monthly fee: No application, origination or prepayment fee on student refinancing. Minimum to open: $5,000 minimum loan. Rates and fees last checked on September 11, 2026.
How we reviewed it
This is a desk review: we have not opened an account with Splash Financial, Inc. (NMLS #1630038), a marketplace working with credit unions and banks. It is built from Splash Financial, Inc. (NMLS #1630038), a marketplace working with credit unions and banks's published rates, fee schedule and terms and from the public complaint record, and compared with the other products in the Student Loan Refinancing shortlist. The rubric is the same for every brand.
Similar products to compare
Read our full editorial methodology for how we review products.