The first step to refinancing is to check what interest rates and terms you are offered via a soft credit check that has no negative impact on your credit. If you like the loan options you see, you can then submit an online application with a hard credit inquiry, which may impact your credit. From there, you will select the loan(s) you want to refinance and will be required to provide certain documents such as a government-issued ID, proof of income, and a loan statement from your current servicer for each loan you want to refinance. After the documentation has been approved, you will be able to electronically review your loan disclosures and sign your loan agreement, before we disburse the funds to pay off your old loans and create a new refinanced loan serviced through LendKey.