For those who are looking to take out a student loan, it is always recommended to check out federal loans before private student loan providers. However, that doesn’t mean that private student loan providers cannot help you a great deal. In this article, we will share with you the top student loan providers you should look into. Check them out below.
Top Student Loan Providers
The Federal Government
Again, when it comes to student loans, it is important to consider the federal government first. Any student loan providers list will tell you this information. This is because federally-subsidized student loans are often the most affordable option. It also offers rates and repayment terms that are superior to what any private loan providers can give you.
Credible is not a direct student loan lender. However, it does help you find the most affordable option of private student loan providers. With just one application in their website, students can get rates for up to eight loan lenders at once. It will help save you time, effort and money because they will do the shopping for you.
Sallie Mae helps undergrads, graduates and parents with student loans. They offer information, products, and tools that you can use to plan, pay and save for college. The company even offers a family education loan to help with expenses that are associated with private school costs from kindergarten upwards. If you are shopping around for student loans, it is worth your time to look into their website.
College Ave offers some of the best repayment plans in the student loan market. The company provides a full-service for undergrads, graduates and parent loans. Their service is also easy to use as it only takes a few minutes to complete an application. Their loan options are also straightforward and simple to understand.
Common Bond offers a no application or pre-payment fee. Their interest rates are also competitive, too. The loans they offer are available for undergrads, grad students and parents. Common Bond’s interest rates ranges from 3.69 to 9.74% APR with 5 to 15 year payback periods. They also offer a program for businesses to offer student loan assistance as an employe benefits, isn’t that great?