Loan refinancing can be a great way to get a lower interest rate on your loan and save money on your monthly payments. However, it can also be a risky move if you’re not careful. Luckily, there are resources to help. In fact, Forbes Advisor produced a list of the top student loan refinance lenders. On top of that, in this article, we’ll compare the top student loan refinance lenders to help you make the best decision. Keep reading to see the top picks.
Brazos
Brazos is one of the top student loan refinance lenders because they offer borrowers some of the lowest interest rates and fees in the market. In addition, Brazos offers borrowers a range of flexible repayment options and customer service that is second to none.
Brazos has been in the student loan refinance business since 2006 and has helped more than 100,000 borrowers save money on their student loans. Brazos is one of the few lenders that allow borrowers to refinance both private and federal student loans. Brazos offers borrowers a variety of interest rates and terms, depending on the loan product. For example, the Brazos Student Loan Refinance product offers borrowers a fixed interest rate as low as 3.99% and a variable interest rate as low as 2.54%. The Brazos Graduate Student Loan Refinance product offers borrowers a fixed interest rate as low as 5.49% and a variable interest rate as low as 3.24%. Brazos also offers a range of repayment options, including immediate repayment, interest-only repayment, and deferred repayment. Brazos also offers a unique “billing shock protection” feature that allows borrowers to defer repayment for up to one year if they experience financial hardship.
Advantage Education
There are many reasons why Advantage Education should be one of the top student loan refinance lenders for borrowers. Here are some key points:
- Advantage Education has been in business since 2001 and has helped borrowers refinance over $1 billion in student loan debt.
- Advantage Education offers competitive interest rates and terms and has worked hard to build a reputation as a trusted lender.
- Advantage Education has a wide range of loan products, including private student loans, student loan consolidation, and student loan refinance.
- Advantage Education is committed to providing excellent customer service and has a team of knowledgeable and friendly representatives available to help borrowers navigate the student loan refinancing process.
- Advantage Education is one of the few lenders that allows borrowers to refinance their Parent PLUS loans.
Refinancing your student loans with Advantage Education is a great way to save money on interest payments and get your debt under control. If you are interested in refinancing your student loans, be sure to check out Advantage Education’s website for more information.
College Ave
College Ave is one of the top loan refinance lenders because the company provides its borrowers with the best rates and terms available. It works with borrowers to ensure they understand their options and can make the best decision for their individual circumstances. College Ave is a private lender that offers student loan refinancing to borrowers who are attending or have graduated from college. The company offers borrowers a variety of terms and rates, depending on their credit history and other factors. Borrowers who refinance their loans with College Ave can save money on their monthly payments and shorten their loan terms. In some cases, borrowers can also get a lower interest rate than they are currently paying on their federal student loans. Finally, refinancing your loans with College Ave is easy. You can apply online in minutes and receive a decision in as little as 24 hours. The company works with borrowers to make the process as easy as possible, and its customer service team is always available to help.
Overall, it’s important to know the top student loan refinance lenders, as they can offer you a great way to save money on your student loans.
