Eligibility
- Must be a cPort Credit Union member in good standing.
- You need to meet credit standards (with or without a co-applicant).
- You must have a minimum of $10,000 in student loans to refinance or consolidate.
- Reliable, steady income with gross monthly income of at least $2,000. Options with a cosigner are also available.
- US citizenship or Permanent Residency.
Why Refinance Your Student Loans with Us?
- Competitive variable rates (and fixed rates, if applicable) and zero fees (if applicable).
- A Maine-based loan provided by FAME.
- Reduce your student loan interest rate and/or monthly payment.
- Combine multiple student loan payments into one manageable payment.
- Convenient online application process.
When Do I Start Repaying My Loan?
Repayment of principal and interest begins immediately after the loan closes. There is no deferment option available should you decide to return to school, so consider carefully if now is the right time to refinance your student loans.
Membership Eligibility for a cPort Credit Union Account
You are eligible to join if you live or work in Maine and meet one of the following criteria:
- Live or work in Cumberland, Kennebec, Sagadahoc, Androscoggin, or York County.
- A current or retired employee of the public sector, including local, state, county, or federal governments
- A current or retired member of the armed services, National Guard, or reserves.
- Anyone living in the same residence as an individual who is a member or is eligible to become a member.
Learn more about becoming a cPort member!