10 best student loans
Student loans are a crucial way for students to pay for their education. However, there are many different types of student loans out there—and not all of them are equally beneficial to borrowers. The best student loans have low-interest rates and flexible repayment options, as well as customer service that is easy to reach and responsive. These 10 options offer those benefits in spades:
- PNC Solution student loan
- Sallie Mae Smart Option Student Loan
- Discover Federal Student Loans
- College Ave Student Loans
- Citizens Bank Student Loan
- SunTrust Bank Education Loan for Undergraduates
- Ascent Tuition Student Loan
- SunTrust Bank Education Loan for Graduates and Professionals
- EDvestinU Private Student Loan Program
- SunTrust Bank Education Refinance Loan.
- These are the best student loans you can get.
PNC Solution student loan
If you’re looking for a student loan with a low-interest rate and flexible repayment options, the PNC Solution student loan is an excellent option. This loan has an interest rate ranging from 3.24% to 8.99%, depending on the length of your repayment term (the shorter the term, the higher your interest rate). The minimum credit score requirement is 680 (this figure can vary slightly depending on where you live) and borrowers must have earned at least $5,000 in income in each of two years prior to applying for this student loan. You can apply online or through one of PNC’s branches located throughout Maryland, Pennsylvania, and Virginia; there are no application fees associated with this program.
The PNC Solution student loan offers fixed payments over ten years with no prepayment penalties if you choose to pay off your entire obligation early. Interest accrues on both principal balance and unpaid accrued interest during periods prior to entering into repayment status for any reason including deferment or forbearance; however, once you enter into repayment status all accrued unpaid interest will be capitalized as principal which means it will increase your total debt balance by increasing what was originally borrowed.
Sallie Mae Smart Option Student Loan
When you need to consolidate your student loans or take out a new one, Sallie Mae Smart Option Student Loan is the best option for your needs. This loan has no origination fees and offers competitive interest rates, making it a good choice for borrowers who are looking to minimize their monthly payments. You can also choose from multiple repayment plans based on your income and credit score.
Discover Federal Student Loans
Students looking for the most affordable student loan options should consider Discover Federal Student Loans. They offer a fixed interest rate and no origination fee, so you can rest assured that your payments won’t go up over time. If you choose this option, repayment will be on your terms—you can pay off as much as you want each month or every few months until it’s paid off completely. You also have several repayment options available to suit your needs: standard payment plan (10 years), extended payment plan (25 years), and income-driven repayment plans (Pay As You Earn and Revised Pay As You Earn).
College Ave Student Loans
College Ave is a student loan provider that’s been around since 2005, and it’s one of the best in the business. Their loans come with fixed rates from 5% to 8%, and they have an excellent customer service team who can help you figure out what you need before applying for a loan.
The College Ave Student Loan is available to students and parents, no matter how old or young you are. They also offer loans at all levels—undergraduate, graduate, post-doctoral—and they’ll even help pay tuition costs if your degree is in business or teaching! The best part? You don’t need great credit history to qualify for this loan (but it certainly won’t hurt).
Citizens Bank Student Loan
This loan is a good option for students who want to pay off their loans early and have the financial resources to do so. It’s also a great choice if you’re looking for a fixed rate and predictable payments. There are no origination or discount fees with this loan, which makes it easier on your wallet as well. You may also qualify for deferment or forbearance if things get tough financially, but there’s no prepayment penalty.
SunTrust Bank Education Loan for Undergraduates
The SunTrust Bank Education Loan for Undergraduates is a low-cost student loan that doesn’t require a credit check, cosigner or prepayment penalty. The interest rate is 5.74%, and there’s no origination fee. There’s also no credit check or cosigner required to get the loan, making it easy to apply.
If you’re interested in this type of student loan, consider using it in combination with other resources such as scholarships and grants; they can help reduce your overall debt burden while increasing your chances of getting into the school of your choice!
Ascent Tuition Student Loan
Ascent Tuition Student Loan is a private student loan that offers borrowers low rates, easy repayment terms, and the potential for a faster payoff.
Ascent Tuition Student Loan has a fixed interest rate of 3.7%. It does not have an origination fee and has a repayment term of 5 years. The lender has no application fee or prepayment penalty, so you can pay it off early without any additional fees or penalties.
SunTrust Bank Education Loan for Graduates and Professionals
If you’re a graduate student or professional, SunTrust Bank’s Education Loan for Graduates and Professionals might be the perfect student loan for you. The rate is 0.25% lower than others in its category, which means that if your credit score isn’t quite at an ideal level, this is still a great option to consider. You can pay off the loan over five years or 10 years, depending on how much money you make each month (the longer repayment period helps balance out high monthly payments). There’s no origination fee and no prepayment penalty—another sign that SunTrust wants to provide flexibility with this loan option.
EDvestinU Private Student Loan Program
The EDvestinU Private Student Loan Program is a great choice for students who have high-interest-rate credit cards and want to transfer those balances to a student loan with lower rates. Rated four out of five stars by students on the website, this company offers no origination fees or prepayment penalties, so you won’t be penalized if you want to pay off your loan early. You can also get this loan without a cosigner, which is good news if you’re under 21 years old. Finally, there are flexible repayment options available so that you can choose what works best for your budget and lifestyle as well as private student loans with auto debit from your bank account each month—You’ll never miss payments again thanks to automatic withdrawals!
SunTrust Bank Education Refinance Loan.
If you have high-interest private student loans, the SunTrust Bank Education Refinance Loan is an option that could help lower your monthly payments. This loan can be used to refinance both federal and private student loans. The interest rate on this product is fixed at 5.75% for the life of the loan, which means that your payment amount won’t change when interest rates go up or down over time.
These are the best student loans you can get.
If you’re applying for student loans, there are a few things you should consider. The first thing is to look at the interest rate of the loan. You should aim for a low-interest rate because this will save you money over time. The second thing is to look at the repayment options that are available with that particular loan: how much can I afford? Does it offer fixed monthly payments or can I defer payments until I’m ready? What happens if my income changes so much in the future that it puts me above my original income bracket?
The third thing to keep an eye on while comparing student loans is origination fees (the fees charged by lenders when they make their initial investments). These fees add up quickly and can really make a difference in how much money you end up paying out over time!
There are a lot of different student loans to choose from, but it’s important to do your research before signing any documents. Make sure you understand the terms and conditions of the loan, as well as all fees associated with it! And remember, this list is only meant as an introduction to potential options available—the best way to find what works best for your situation. Talk with a financial advisor or contact us directly at [email protected] We’re always happy to help!