Best Student Loans From Banks

Best Student Loans From Banks

A bank is a financial institution that accepts deposits, offers various types of loans and other financial services to customers, and makes investments for its own account. Banks are generally required to register with federal or state regulatory authorities, depending on their charter and the type of banking they do. The Federal Deposit Insurance Corporation (FDIC) insures deposits at many banks up to $250,000 as of 2019. The FDIC creates a list each year of which banks it has insured in order to protect consumers from losing their money if one of those banks goes out business due to fraud or mismanagement. And while you can apply for student loan refinancing with the major banks below, there are other lenders available on our website if you’re looking for something specific (like no origination fees or lower interest rates).

Sallie Mae Smart Option Student Loan

If you’re looking for a student loan with a fixed interest rate, Sallie Mae’s Smart Option Student Loan is one of the best options out there. The interest rate is fixed for the life of the loan and there are no origination fees, prepayment penalties, application fees or funding fees. There are also no late fees and no penalty for paying off early.

Unlike many other companies, Sallie Mae doesn’t require any sort of credit check when applying for their Smart Option Student Loan. This means that even if your credit score is less than perfect, you can still qualify and get approved! And while they do require cosigners on their other products (like private student loans), they won’t need one on this particular product either!

SunTrust Bank Student Loan for Undergraduate Students

SunTrust Bank Student Loan for Undergraduate Students is a loan for those attending an accredited college or university. This program offers flexible repayment options and a quick decision process. You can choose to repay your student loan in full, or you can make payments based on your monthly income.

If you are interested in this program, please contact SunTrust at 1-800-769-1232.

SunTrust Bank Student Loan for Graduate Students

SunTrust Bank Graduate Student Loan

The SunTrust Bank Graduate Student Loan is a no-fee student loan designed for graduate students. The interest rate is fixed at 4.74% and the maximum amount you can borrow is $50,000. The repayment period is 10 years, but you can choose to pay it off in less time if desired. To apply for this loan, visit SunTrustBank.com/studentloans and fill out an application or call 1-800-333-9109 (TTY: 711). You’ll need to provide personal information such as your name and address, social security number, citizenship status, driver’s license number (if applicable), birth date and other relevant details about yourself before submitting the application online—the process should take less than 30 minutes from start to finish once you’ve gathered everything together! To qualify for this student loan program at SunTrust Bank:

You must be enrolled full time for an undergraduate degree program or be pursuing a master’s degree (or higher) with no previous degrees earned by June 30th of 2016;

Your federal loans must not exceed $70000 total;

Citizens Bank Student Loan

Citizens Bank Student Loan has a fixed interest rate and a low origination fee. It also has a fixed repayment schedule, which makes it easier to budget for your student loan payments. Citizens Bank Student Loan does not have any prepayment penalties and allows you to pay off the balance early without penalty.

Citizens Bank Student Loan provides students with flexible repayment options, including income-based repayment plans that allow you to choose how much of your monthly payment goes toward principal versus interest, along with extended payment plans if you can’t afford your monthly payment at one time. Citizens Bank Student Loan also offers an automatic deferment/forbearance option as well as forbearance in case of unemployment or financial hardship

College Ave Student Loan

College Ave Student Loan is a private student loan that offers fixed rates, flexible repayment options and a range of loan amounts.

What makes College Ave Student Loan unique?

  • Fixed interest rates: The interest rate you pay on your student loans is fixed over the life of your term. This means you won’t have to worry about fluctuating rates increasing your monthly payments.
  • Flexible repayment options: You can choose among four different repayment plans with College Ave Student Loan so that you can make payments based on what works best for you and your budget. Each option has different monthly costs, so it’s important to review all of these before selecting one.
  • Loan amounts & terms: The amount borrowed will depend on several factors including how much money was borrowed at enrollment, whether or not there were other sources of aid applied toward tuition expenses (such as grants or scholarships), how long someone stayed in school and if they graduated with honors/distinctions such as Summa Cum Laude or Magna Cum Laude (these are Latin phrases).

Discover Undergraduate Loan

Discover Undergraduate Loan is one of the best student loans from banks, especially for students with good credit scores. Discover’s undergraduate loan program features fixed interest rates that are determined by your credit score, no origination fees, and no prepayment penalties. The repayment options include fixed monthly payments, interest-only payments, and flexible repayment options.

You must have a minimum credit score of 600 to qualify for this loan program. The maximum amount you can borrow varies depending on several factors including whether you’re a dependent or independent student and what school you plan on attending in the fall semester (or spring semester). The length of time you can take out this loan also varies by school year: fall or spring semesters only; up to five years if enrolled in summer courses only; up to six years total if enrolled full time in both summer courses as well as fall/spring semesters during college

Discover Graduate Loan

Discover Graduate Loan

  • No origination fee
  • No prepayment penalty (this is a fee charged when you pay off or refinance your student loan before the term of the loan has ended)
  • No penalty for paying off early

Banks are an option to consider when looking at a private loan.

If you’re looking for a private student loan, banks can be an excellent choice. They have a lot of experience making loans and collecting payments from students.

Banks are also more likely than other types of lenders to offer loans with better terms. For example, if your credit score is 580 or lower (which is considered subprime), banks may offer you a rate as low as 7%. Other lenders may charge higher rates or refuse to give you a loan altogether if your score is that low.

Banks are an option to consider when looking at a private loan.

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