Best Reviews TopConsumerReviews.com Best Student Loans Best Reviews
Best Reviews
      April 9, 2020

Home  >  Student Loans

Best

Student Loans

  1. College Ave
  2. iHelp
  3. LendingTree
  4. Discover
  5. Sallie Mae
  6. Wells Fargo

Your Information Is Secure
Personal Loan Tips Newsletter

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Latest Reviews

Andropause

Auto Parts

Auto Warranties

Bad Credit Loans

Credit Monitoring

Home Gyms

Online Backup

Popcorn Clubs

Rowing Machines

Vehicle Inspections

 

Individual Reviews

SunTrust

College Ave

iHelp

LendingTree

Discover Student Loans

Sallie Mae

Wells Fargo

 

 

 

 

 

Get Your Contact Lenses At Coastal Contacts Today!

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Best Student Loans Better Business Bureau Reliability Seal

Apply for Your Student Loan at SunTrust Today As the costs of higher education rise, so does the need for student loans. While some individuals are eligible for federal loans, those loans don't always cover the full cost of getting an education - not just tuition and room/board, but books, laptops, transportation and other expenses. And, people who are ineligible for federal loans don't necessarily have overflowing savings accounts to match their college or university costs.

Private student loans are the way that many students close that gap. On average, students have nearly $40,000 in student loan debt at the time of graduation; without those funds, their aspirations of being a teacher, engineer, or social worker may have been put on hold indefinitely.

Continue reading below reviews

Best Reviews


2020

Student Loan Reviews

5 stars
SunTrust

SUNTRUSTTopConsumerReviews.com Best-In-Class Blue Ribbon Award

Although they may not have the same immediate name recognition as some other lenders, SunTrust has an established history in the financial market, particularly with student loans and mortgages. Their two primary student loan products, Custom Choice and Graduate Business School, offer competitive rates and a helpful 1% reduction of your principal as a reward for graduating. SunTrust is our top choice for student loans.

Read Full Review Visit Site
4.5 stars
College Ave

COLLEGE AVE

College Ave has a great reputation in the student loans market: an "A" rating with the Better Business Bureau, positive customer reviews, and good attention to customer service. Students will appreciate their low interest rates, three-minute application process, and several options for configuring their loan to meet their needs. We highly recommend College Ave for your student loan.

Read Full Review Visit Site
4 stars
iHelp

I HELP

iHelp uses a wide network of community banks to provide student loans, all serviced by the Student Loan Finance Corporation . While the only available loans are variable-rate products, iHelp has several perks that make them worth considering, particularly the ability to have repayments deferred or forgiven under certain circumstances.

Read Full Review Visit Site
3.5 stars
LendingTree

LENDINGTREE

LendingTree helps you find the right student loan by providing you with multiple offers from a variety of lenders - including most of those we reviewed. They also provide a number of easy-to-understand resources, such as articles and videos, to give you the information you need to make a smart decision regarding your student loan.

Read Full Review Visit Site
3.5 stars
Discover Student Loans

DISCOVER STUDENT LOANS

Short Among its many financial services, Discover Bank adds student loans to its portfolio. As the first company to offer a cashback bonus on its credit cards, it's no surprise that they offer similar innovative perks with their student loans. Potential borrowers should know that Discover has a less-than-perfect history when it comes to their lending practices and be sure to read the fine print before signing on the dotted line for a student loan.

Read Full Review Visit Site
2.5 stars
Sallie Mae

SALLIE MAE

No other lender we reviewed can compete with SallieMae's history: more than 34 million Americans helped with college costs since 1972. Interest rates are very competitive, and cosigners can apply to be released after just 12 months of on-time payments, compared with multiple-year requirements of other lenders. On the other hand, hundreds of unhappy borrower reviews describing rude representatives, errors with SallieMae's bookkeeping, and other problems may make it not worth the hassle to apply for your student loan there.

Read Full Review Visit Site
2 stars
Wells Fargo

WELLS FARGO

Wells Fargo is well-known for its many financial products, from mortgages to investments and more. Their student loans website is easy to use, and they have several ways to lower your interest rates through any other relationships you may already have, such as a checking account or previous loan through Wells Fargo. However, numerous customer reviews describe problems on Wells Fargo's end with accuracy in recording student loan repayments and unhelpful representatives.

Read Full Review Visit Site

Continued from above

Fortunately, there are many lenders who want to make it as affordable and simple as possible to complete undergraduate and graduate-level studies. Some represent well-known, established financial institutions, while others work directly with networks of community banks to get much-needed cash into the hands of eager learners.

Comparing offers from lenders can be as easy as going online; in a matter of minutes and mouse clicks, you can see a variety of interest rates, repayment terms, and other details of each program for which you are eligible. This saves you significant time compared with going hat in hand to your local bank or other lending institution, hoping that they will say yes to your loan application.

When deciding on which lender to use for your student loan, you should consider the following factors:

  • Interest rates. The higher your interest rates, the more you pay over the life of the loan. Does the lender have rates that are competitive? Does the lender offer you the choice between fixed and variable rates?
  • Loan terms. What is the repayment term? Does it give you enough time to get a good job and pay it back? Can you pay it off in advance with no penalty?
  • Discounts. Can you get your interest rates lowered by setting up automatic payments from your checking account? Will you get any perks for having a relationship with the lender in other ways, such as a checking account or credit card?
  • Reputation. Some lenders have a solid history of working with borrowers, while others have a not-so-great track record when it comes to customer service after the loan has been disbursed. How does this lender measure up?

TopConsumerReviews.com has reviewed and ranked the best Student Loan providers available today. We hope this information helps you to get the money you need for your studies right away!

Senators: Your Student Loans Need More Relief During Coronavirus

These U.S. senators want you to get more financial relief for your student loans. Here's what you need to know. A dozen U.S. senators, including Elizabeth Warren, Bernie Sanders, Amy Klobuchar, ...

Published:  Wed, 08 Apr 2020 05:32:00 GMT



Democrats to private student loan lenders: '"Cancel or discharge as many delinquent loans as possible'

Democratic lawmakers are calling on private student lenders to offer debt relief to borrowers amid the coronavirus, or COVID-19, outbreak.

Published:  Tue, 07 Apr 2020 12:49:00 GMT



How To Get Relief For Your Private Student Loans Due To Coronavirus

You may not know this, but most private student loan lenders will allow you to pause your payments due to Coronavirus. Now, many of these lenders also paused your monthly payments prior to Coronavirus ...

Published:  Tue, 07 Apr 2020 11:38:00 GMT



Federal student loans are officially suspended through early fall as Senate Democrats seek to extend relief to private loans

FedLoan and Navient, two of the nation's largest federal student loan servicers, have notified millions of borrowers that they don't need to make monthly payments through Sept. 30 under the new $2 ...

Published:  Tue, 07 Apr 2020 14:26:16 GMT



My student loan payments are impossible to keep up with. Which was kind of the point.

I was once determined to never be the sort of person who fielded calls from student loan debt collectors. The system had other ideas.

Published:  Tue, 07 Apr 2020 09:00:00 GMT



Coronavirus and Federal Student Loan Refinance

As COVID-19 spreads, here is some advice on what to do while the interest rate on federal student loans is temporarily zero.

Published:  Tue, 07 Apr 2020 07:32:00 GMT



Student Loan Suspensions Won't Help Worst-Off Borrowers

Before this economic freeze, most low-income Americans weren't paying off their loans. April 7, 2020 Last year, Mariana Anchante began what she knew would be a Herculean effort: paying off her student ...

Published:  Tue, 07 Apr 2020 08:31:00 GMT



Paying student loans? Don't forget this tax deduction

The student loan interest deduction allows you to deduct up to $2,500 on your federal income tax return for the loan interest you paid during the year. The exact amount you can deduct depends on how ...

Published:  Mon, 06 Apr 2020 15:00:00 GMT



Our Latest Reviews

Andropause

Andropause

Auto Parts

Auto Parts

Auto Warranties

Auto Warranties

Bad Credit Loans

Bad Credit Loans

Credit Monitoring

Credit Monitoring

Home Gyms

Home Gyms

Online Backup

Online Backup

Popcorn Clubs

Popcorn Clubs

Rowing Machines

Rowing Machines

Vehicle Inspections

Vehicle Inspections

Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure