If you’re carrying the weight of a student loan, Spark Finance can help lighten the load. Our refinancing options empower graduates like you to take control of your financial future, offering competitive rates, flexible terms, and lower interest. Whether you’re an ANZ study-abroad graduate or an international student in Australia with an existing loan, our refinancing solution is designed to free up resources – giving you the financial flexibility needed to pursue your next big goal.
Why Refinance with Spark Finance?
Lower your interest rate
Flexible Repayment Plans
No Early Repayment Penalties
Simple, Fast Process
94% of customers that apply to refinance with us receive a lower rate and switch to Spark.
At Spark Finance, we believe in offering fair and personalised interest rates tailored to each borrower.
Our unique approach goes beyond the usual factors that most lenders consider, taking into account not just your credit history and current financial situation, but also your future earning potential. Below is how it works.
Your Credit History
We look at your past credit behaviour, including your credit score, payment history, and any defaults. This helps us assess your likelihood of repaying the loan on time.
Your Current Financial Situation
We consider your current income, living expenses, liquid assets and existing debt. This helps us assess your ability to manage and repay the loan.
Who Is Eligible?
To be eligible for Spark Finance’s refinancing product, you must:
- Have an existing student loan for undergraduate or postgraduate study.
- Be an Australian or New Zealand citizen, or an international student in Australia.
- Maintain a good credit history.