College Ave Student Loans Review: Solid Refinance Lender

Student loans are a necessity for many students seeking a higher education. The rising cost of higher education has led to over a million students graduating with debt. The clock starts ticking for these graduates as soon as they walk across the stage. They need to find gainful employment before their monthly student loan repayments begin or else face repaying your loan without a job.Sometimes that can be difficult and payments may become a monthly burden. College Ave Student Loans is a company founded in 2015 by ex-Sallie Mae executives for the purpose of creating a better loan process. One particular goal is helping students save money on student loan repayments by refinancing existing loans. College Ave also is one of our top private student loan lenders. See how College Ave compares here.College Ave Student Loans are on the Credible platform. You can quickly compare and see if they are the best in 2 minutes or less.Let’s dive into our College Ave review.

College Ave offers both fixed and variable rates, a 2 year interest only option, and a flexible choice of term so you can really manage your payment. Also, their variable rates have the potential to be very affordable, with the low range of the spectrum as low as 3.94%. These rates are current as of November 2018.College Ave also offers three flexible repayment schedules at 5 and 15 years. The shorter repayment terms mean less money put towards interest but higher monthly payments. There are no origination fees or early repayment fees.Remember, before you look at any rates, make sure you compare College Ave with other lenders. Using , you can compare up to 8 lenders to make sure you get the best rate possible, including College Ave. Plus, College Investor readers get a $200 bonus when they refinance with Credible. Check it out here.College Ave offers a quick application process and offers instant credit decisions. Before applying, consider the typical eligibility requirements you need to meet to qualify for a loan:College Ave offers students a loan experience that is fairly unique. They offer a wide variety of repayment options that allow you to tailor a loan experience that works for you. Here are the options you have to choose from:See how .College Ave Refinance isn’t simply a consolidation company. When consolidating, you take several existing loans and combine them into one for lower monthly payments and, in some cases, lower interest rates. However, with College Ave, you can refinance a single loan to get better terms or lower rates. You can even refinance a loan as low as $5,000 and as much as $250,000.That’s what puts College Ave on our list of the Best Places To Refinance Your Student Loans.College Ave offers some unique student loan products and viable refinancing option. The company is a solid lender to who just recently started offering both fixed rate and variable rate student loans. Make sure you compare them using Credible to other lenders before making a decision. Don’t forget, College Investor readers get up to a $1,000 bonus when they refinance with Credible. Check it out here.Make sure you check out our Student Loan Refinancing Tool to compare all of the different student loan lenders.

Written by Investors Wallets

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