College Ave offers the best student loan lender due to its many repayment options. This private lender does not charge prepayment fees and has few fees. Parents and student borrowers can access variable and fixed interest rate loans. Additionally, student loan refinancing options are also available.
College Ave student loan lender does not have strict requirements for their borrowers. You can access the student loans as soon as you enroll in your degree. The only mandatory requirement is a cosigner and a valid U.S. social security number regardless of national origin.
Students enrolled in pre-qualified institutions can access loans for as low as $1,000. However, college Ave has a Multi-Year Peace of Mind loan program for undergraduate students who need more money. Consequently, you must include a cosigner in your loan application for it to be approved.
College Ave offers flexible repayment options, especially for borrowers repaying while in school. From full principal and interest payments to interest-only payments to flat-rate monthly payments of $25.
College Ave is the better option for a student loan because it does not penalize borrowers for early loan repayments, does not charge application fees, and does not charge late fees. There is a 0.25% discount for borrowers enrolled in the automatic payment option.