College Ave student loan review: is it worth it?
Completing the studies is the dream of many people, but sometimes there is a lack of money. Check out how the College Ave student loan can save you.
by Sabrina Paes
College Ave student loan review and benefits: no origination fees and flexible terms!
Studies are essential for achieving a good professional career. And to top it off, you might need some extra cash. The College Ave Student Loan may be the solution you are looking for.
The College Ave Student Loan is a great option because it makes borrowing easy.
It brings low rates for those who pay on time and those who opt for autopay. It also allows for co-signer participation, which helps to lower the APR rate even further.
And you can select a category your studies fall under to reduce the rate further. See more details about this option.
|APR*||Undergraduate Student Loans:|
Variable APR ranges from 1.79% to 13.85%
Fixed APR ranging from 3.22% to 13.95%
Graduate Student Loans:
Variable APR ranges from 1.76% to 10.97%
Fixed APR ranging from 3.99% to 11.98%
|Loan Purpose||Undergraduate, Graduate (including MBA, law, dental, medical, and other health professions), Parent loans, Career programs, and Student loan refinancing|
|Loan Amounts||It depends on the loan type|
|Credit Needed||Not disclosed|
|Late Fee*||There are late fees, but they depend on the loan type|
|Early Payoff Penalty||None|
College Ave student loan: how does it work?
The College Ave Student Loan is a great option to earn credit and complete your studies. It has different loan modalities like an undergraduate, graduate, parent, and refinancing.
APR fees vary by category, but you have no origination fees and no early payoff penalty fees. In addition, you can finance your entire course, just apply in the right way.
Is it worth it to apply for the College Ave student loan?
To answer this question, it is important to analyze some factors. College Ave Student Loan has low APR rates that may vary by category. However, it also has late fees and other disadvantages. Check out the pros and cons below!
- Possibility of pre-qualification with a smooth credit check;
- Speed in the process, being able to approve the loan in up to 3 minutes if everything is right;
- Flexible repayment options;
- No origination fees;
- Allows co-signer release for private loans, which can reduce fees.
- Refinancing can only be requested if you have already completed your studies;
- Half of the refund period must have passed to release the co-signer.
What credit scores are required for the application?
To apply for a College Ave student loan, you do not need excellent credit. The average of those who succeed is a credit score of 600.
However, it is critical that you and your co-signer have a good prior credit history. Thus, your chances of approval faster are greatly increased.
College Ave student loan: applying for this loan today
To have a good chance of approval, it is essential to know how to apply correctly. So, check out the post below that we prepared with the step-by-step to help you.
Applying for the Juno Debit Card: learn how!
The Juno Debit Card may be what you want to get your money's worth. Check out how to apply and get your account working today.Keep Reading
No credit check loans: are they worth it?
Unsure if a no credit check loans is the right choice for you? Get all of your questions answered in this comprehensive guide.Keep Reading
Safe investments: learn the best low-risk investments
Looking for the best low risk investments to put your money in? We are going to show you 3 investments you must have in your portfolio.Keep Reading
You may also like
Companies are resorting to robots as a response to labor shortages
Labor shortages caused the orders for workplace robots to rise over 40% during the first quarter in the United States. Read on for more!Keep Reading
Curious about the crypto millionaires? Find out who they are!
Want to see who crypto millionaires that are famous in the world are? Then check out the list we prepared in this post!Keep Reading