Private Student Loans Lenders

Private Student Loans Lenders

When considering a private student loan, you have to look at the various factors. For example, interest rates vary from lender to lender and can affect how much your monthly payment will be.

College Ave

If you are looking for a long-term loan with a low interest rate, College Ave may be the lender for you. College Ave is a good option if your goal is to pay off your student loans quickly and minimize any additional costs.

College Ave’s application process is quick and easy. You can complete the entire process online in less than 10 minutes! All you need to do is upload your documents and provide some additional information about yourself (like your previous education). Once this information has been verified by the company, they will present an offer for their private student loan program that meets all of your needs.

College Ave offers competitive rates on both fixed or variable rates depending on how much risk they want to take on as well as what type of repayment plan works best for each applicant’s situation

Sallie Mae

Sallie Mae is a student loan provider. They are a private lender, which means they are not funded by the government and can set their own rates. They are also for-profit and owned by Navient, who took over Sallie Mae in 2014.

As one of the largest student loan lenders in America, Sallie Mae offers both direct loans and private student loans through their forbearance options. Students should be aware of what type of repayment plan suits them best when considering any private student lender option as well as if they qualify for federal repayment plans like Income Based Repayment (IBR) or Pay As You Earn (PAYE).

Students should be aware of what type of repayment plan suits them best when considering any private student lender option as well as if they qualify for federal repayment plans like Income Based Repayment (IBR) or Pay As You Earn (PAYE).

Earnest

Earnest is a student loan lender based in San Francisco, California. Earnest offers student loans for undergraduate, graduate, and professional students. The company also provides loans to students at over 1,000 colleges and universities across the United States.

They offer a variety of student loan services in addition to their direct loans. These include Parent PLUS, Graduate School Loans, Career Training Loans, and undergraduate loans. Sallie Mae offers private student loans for graduate or undergraduate studies and also provides co-signer release after 24 on-time monthly payments.

Earnest is a student loan lender based in San Francisco, California. Earnest offers student loans for undergraduate, graduate, and professional students. The company also provides loans to students at over 1,000 colleges and universities across the United States.

Lending Tree

Lending Tree is a website that connects borrowers with lenders. It’s a good choice for the borrower who has excellent credit and wants to take advantage of competitive rates and terms. In addition to student loans, Lending Tree also offers personal loans, mortgage refinance options, home equity lines of credit (HELOCs), auto loans and more.

Lending Tree provides student loan options for both undergraduates and graduates as well as private student loans for graduate students. Undergraduate students can borrow at 4% APR with an origination fee between 1% – 6%. Graduate students will receive 5% APR with a 1% – 5% origination fee.

CommonBond

CommonBond is a peer-to-peer lender that offers fixed and variable rates, making them one of the only lenders to offer both. They also have a suite of tools to help borrowers manage their loans, including an auto pay feature and school payments. And if you want to take advantage of CommonBond’s referral program, you can earn 2% cash back on all loans funded by friends who follow your link!

CommonBond has a low credit score requirement (minimum 650), so it may be worth taking a look into this lender if you have less than stellar credit history. Their customer service team will work hard to make sure that any concerns or questions are answered quickly and effectively so that you can focus on enjoying college!

Lending Tree offers loans for undergraduate and graduate students. Undergraduate student loan options are available for 5 year repayment terms with a 1% – 4% origination fee and 4% APR. Graduate student loans have a 1% – 6% origination fee and 5% APRIt’s worth noting that CommonBond will charge a 1% origination fee on all loans, which is lower than most lenders. And they have no prepayment penalties, so if you plan on paying off your loan early, this company might be a good fit for you!.

Citizens Bank

Citizens Bank is a good choice if you want to refinance your student loans. They offer fixed rates and payment options that are flexible. This can be helpful if you want to pay off your debt more quickly or lower your monthly payments, but still want the security of knowing what those payments will be each month.

If you have excellent credit, Citizens Bank may also offer lower interest rates than some other lenders on their student loan products. If this is important to you, it’s worth checking out the terms when comparing private student loans from different companies.

Finally, Citizens Bank offers several repayment plans with different features including interest-only payments during repayment and deferment options for temporary periods of unemployment or financial hardship (e.g., medical expenses).

Wells Fargo

  • Wells Fargo is a large bank that has been in business for over 150 years.
  • They offer student loan consolidation, refinancing and forgiveness programs if you’ve got plenty of money to spend on monthly payments.
  • In addition to these options, they also give discounts on interest rates for their customers who are enrolled in a degree program at an accredited university or college.

SoFi

SoFi is a lender that offers private student loans to students who are not eligible for federal loans. This can be great news if you have multiple student loans or if you want to consolidate your debt, as SoFi will help you streamline your payments and make managing them much easier.

SoFi also has excellent customer service, which is important because nobody wants to deal with constant calls and emails from their lenders when they’re trying to focus on school work! The company has also recently introduced automatic payment plans for its borrowers that start at $50 per month. This makes it less likely that you’ll miss an important payment, which can have negative consequences on both your credit score and the interest rate of your loan. Another perk of this program is that SoFi will give you free access (up to $5) every time there’s an emergency situation like a job loss or medical issue—and as far as we know, this is not something other lenders offer!

Finally: Sofi has one of the lowest rates around ($8-$9% fixed), so although some may argue its fees are slightly higher than others’ it might be worth looking into anyway because they’re still fairly reasonable when compared against other companies’ offerings ($10-$12%).

Discover Student Loans

Discover Student Loans is a division of Discover Financial Services. As such, the lender offers a wide range of student loan products, including fixed-rate and variable rate private loans, as well as federal loans.

Discover Student Loans offers several repayment options including:

  • Fixed Repayment Plans – These plans offer predictable payments over time. The term can be up to 10 years in length and includes options with monthly payments which are either fixed or graduated based on your income.
  • Income-Based Repayment (IBR) Plan – This plan bases your monthly payment amount on your income and family size so that it does not exceed 15% of your discretionary income for up to 25 years.

SunTrust

SunTrust is a large bank with a long history, having been founded in 1891. SunTrust offers private student loans to students attending post-secondary schools across the country. If you want to borrow from a lender who has been around for over 120 years and has a large network of branches, then SunTrust is a good option for you.

The major pros to borrowing from this lender are its reputation for customer service and variety of loan products (including fixed rate loans).

Here are 10 lenders you have to look at if you are looking for a private student loan.

  • College Ave Student Loans
  • Sallie Mae
  • Earnest
  • Lending Tree
  • CommonBond
  • Citizens Bank (also known as Citizens Access)

If you are looking for a personal loan, try a lender like Wells Fargo or Discover Student Loans. Both of these lenders offer competitive rates and terms to help you finance the life of your dreams.

Private student loans are a great option for students and parents who want to pay for college without taking out a federal loan. Students can use private student loans to pay for tuition, books, housing and more expenses related to their education. Parents can also take out loans if they want to help their child pay off his/her student debt after graduation or if they wish to fund their entire education as well

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