Interest rates for consolidating student loans
If you want to be treated like a human and still get the best rate out there, go with earnest. Having good credit got us a rate that was far below the average of all our school loans combined. I'm very satisfied and have already let some of my friends know about it!
I refinanced my student loans with Earnest more than a year ago and, now that we're expecting our first baby, we refinanced a second time. PLUS - the rates offered were easily the best of all the competitors (and I checked). I had been trying to consolidate my federal and private loans for years, at least 8 to be exact, and until I found Earnest it was impossible to do so.
I appreciate all that Earnest has done for my family. Many refinancers didn't want to consolidate federal and private, many others had a much longer application process and their interest rates did not come close to what Earnest could offer me.
Our data-driven evaluation of your full financial profile gives us the ability to offer qualified borrowers lower, more personalized rates than traditional lenders can.
So whether you want to pay off your student faster or just reduce your student loan payments, we can help.
Long story, short, they were able and did so very quickly allowing me to keep the payment flexibility I love with Earnest while getting a better fixed rate. Earnest lowered my fixed interest rate, shortened my payoff date and provided me $200 for transferring my student loans. With that being said, I felt that my rate wasn't as low as possible.
I work for a financial institution; here, the highest effective score is 710.
My main concern is the application step when you link your accounts up into Earnest.
It's counterproductive because it doesn't clearly display the open accounts and their values (tends to lump non-like accounts together when it doesn't understand & displays "N/A" in account balances).
They ask for a lot of information from you but it's worth putting the time in to get the consolidation completed and it assures you that your information is being protected. I like being able to see the amount of interest accrual since last payment and principal balance easily on the first page and that is not possible now on the current web page. Why not strive to offer your customers the best deals instead of making them jump through hoops to re-apply for a much better rate?
I was able to complete almost the entire process online. Everything from submitting an application, the communication process, deciding on my loan options, and closing. Even re-applying was a pain as it didn't link up to your own system.
Moreover, the application process wasn't entirely friendly.Tags: Adult Dating, affair dating, sex dating