Disclaimers


 

Student Loan Refinancing

1 – Terms and Conditions Apply

Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.

2 – Conditional Offers

In the event that you would like to move forward with any of the conditional offers, you will be required to complete an application with the lender on this website, at which point a hard credit inquiry will be conducted (which may affect your credit score).

3 – Intentionally Omitted

4 – AutoPay Discount & Lowest Interest Rate

Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. The lowest advertised variable APR is only available for loan terms of  5 years and is reserved for applicants with FICO scores of at least 810.

As of 11/07/2019 student loan refinancing rates range from 1.90% to 8.65% Variable APR with AutoPay and 3.49% to 7.75% Fixed APR with AutoPay.

5 – Important Notice Regarding the Refinancing Of Your Federal Student Loans

Please be aware that you may potentially lose certain benefits associated with your federal student loans by refinancing such federal loans with a private student loan consolidation. These benefits may include favorable repayment options, loan and fixed interest rates, extended loan terms, and loan forgiveness. We strongly advise that you seek professional advice and examine our benefits and options before refinancing your federal loans. It is important to us that you are comfortable with potentially forfeiting benefits that may not be offered through our consolidation loan.

6 – Promotional Bonuses

If you were offered a bonus in connection with a promotional offer, your application must be initiated through this page immediately following the email, direct mail or banner advertisement in which the offer was presented. The offered promotional bonus will be provided within six weeks of loan disbursement. You must have a PayPal account in order to receive the bonus. The bonus is non-transferable and no other reward will be substituted. All borrowers entitled to a bonus will have an account automatically created for them on LendKey’s referral platform. Bonuses must be claimed within 90 days of notification of account creation or they will expire.

*Acorns® Member Bonus: $100 deposited into new borrower’s Acorns account within 8 weeks of loan funding. Not redeemable for cash and non-transferable.

*ChangEd Bonus: $150 will appear in the borrower's ChangEd account within 90 days of loan funding. Not redeemable for cash and non-transferable.

*Clever Girl Finance Referral Bonus: Free annual subscription to Clever Girl Finance website provided directly by Clever Girl Finance to the email address provided in loan application within 8 weeks of loan funding. Not redeemable for cash and non-transferable.

*Comet Member Bonus: $25 Amazon Gift Card will be emailed within 2 weeks for those who check their rate thru this page and get to the document upload stage of the application.

*Stash Member Bonus: $100 deposited into new borrower’s Stash account within 8 weeks of loan funding. Not redeemable for cash and non-transferable.

*For members of NYU Alumni Association, AARN, Employees of the City of Austin, TX, Montefiore Medical System, and the Massachusetts College of Pharmacy, a bonus will be awarded within 8 weeks of loan funding. The bonus will be $100 for loan balances of under $100,000, and $300 for loan balances over $100,000. This offer is non-transferable.

*For members of NYU Alumni Association, residents of Maine, Nevada, North Dakota, Rhode Island, or West Virginia are not eligible.

*Tuition.io Bonus: 1% of refinanced loan balance will be awarded within 8 weeks of loan funding via PayPal. You must have a PayPal account in order to receive the award.

7 – Cosigner Release

Some lenders participating on LendKey.com may offer the benefit of cosigner release. Cosigner release is subject to lender approval. In order to qualify, the borrower, alone, must meet the following requirements: (1) Make the required number of consecutive, on-time full principal and interest payments as indicated in the borrower’s credit agreement during the repayment period (excluding interest-only payments) immediately prior to the request. Any period of forbearance will reset the repayment clock; (2) The account cannot be in delinquent status; (3) The borrower must provide proof of income indicating that he/she meets the income requirements and pass a credit review demonstrating that he/she has a satisfactory credit history and the ability to assume full responsibility of loan repayment; (4) No bankruptcies or foreclosures in the last sixty months; and (5) No loan defaults.

8 – Calculator

The calculator provides estimates based on the information provided and is for illustrative purposes only. Actual estimated payments can only be determined after you apply and provide all necessary documentation for review. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. We encourage you to seek personalized advice from qualified professionals regarding your specific financial situation.

 

Private Student Loans

1 – Terms and Conditions Apply

Loan products, terms, and benefits may be modified or discontinued by participating lenders at any time without notice. Rates displayed are reserved for the most creditworthy consumers. Your initial rate will be determined after a review of your application and credit profile. You must be either a U.S. citizen or Permanent Resident in an eligible state and from an eligible school, and meet the lender's credit and income requirements to qualify for a loan. Certain membership requirements (including the opening of a share account, a minimum share account deposit, and the payment of any applicable association fees in connection with membership) may apply in the event that an applicant wishes to apply with, and accept a loan offered from, a credit union lender. If you are not a member of the credit union lender, you may apply and become a member during the loan application process. Applying with a creditworthy cosigner may result in a better chance of loan approval and/or lower interest rate. Loans for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not available via LendKey.com.

2 – Cosigner Release

Some lenders participating on LendKey.com may offer the benefit of cosigner release. Cosigner release is subject to lender approval. In order to qualify, the borrower, alone, must meet the following requirements: (1) Make the required number of consecutive, on-time full principal and interest payments as indicated in the borrower’s credit agreement during the repayment period (excluding interest-only payments) immediately prior to the request. Any period of forbearance will reset the repayment clock; (2) The account cannot be in delinquent status; (3) The borrower must provide proof of income indicating that he/she meets the income requirements and pass a credit review demonstrating that he/she has a satisfactory credit history and the ability to assume full responsibility of loan repayment; (4) No bankruptcies or foreclosures in the last sixty months; and (5) No loan defaults.

3 – Autopay Rate Reduction

Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments.

4 – AutoPay Discount & Lowest Interest Rate

Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. 

As of 11/07/2019 private student loans rates range from 3.84% to 10.61% Variable APR with AutoPay and 4.86% to 10.49% Fixed APR with AutoPay.

Home Improvement Loans

1 – Tax Deductible Interest Payments

The deduction is generally the smaller of $2,500 or the interest you paid in the calendar year. Please consult with a tax expert to understand if this option may be available to you.

2 – Autopay Rate Reduction

Subject to floor rate. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is cancelled, any increase will take the form of higher payments.