Lowest rates for consolidating student loans
This entails Earnest taking another look at your terms and seeing if it can give you a better quote.
Variable rates start at 3.64% and fixed rates start at 4.20% with 5, 7, 10, 15 and 20 year repayment terms.The large community network includes smaller banks and credit unions that would normally not be able to compete without marketing resources, allowing for competitive rates.Lend Key uses a Unified Application process, preventing users from having to sort through multiple domains and different user interfaces.So Fi has exploded onto the student loan scene over the past several years and has quickly become one of the largest players in the student loan refinancing and consolidation market.The company's products boast extremely competitive rates and they are known for their around the clock customer service.They offer student loan refinancing starting at a variable rate of 1.90% APR and personal loans starting at 4.25% APR.
Earnest offers unemployment protection that allows deferred payments up to three months at once, and for a total of 12 months over the life of your loan.
The company's non-traditional underwriting process takes into account employment history, merit, financial history, and monthly income vs. So Fi has fairly strict credit criteria and targets people with good jobs, substantial income and have the proven ability to manage their budget and credit history.
Laurel Road is a division of DRB, a traditional bank located in Connecticut but consolidates federal and private loans in all 50 states.
Earnest is a relatively new lender and offers merit-based loans instead of credit based ones.
Through a comprehensive data-intensive client eligibility and background check, Earnest tries to obtain a complete financial picture of potential borrowers.
For most doctors, student loans are a simple fact of life.