Subject: Loan Rates Drop: Compare YOUR Options

Reduce your stress by instantly comparing loan rates. I'll show you how.
View this email online if it doesn't display correctly

Shopping for a new pair of shoes is fun.

Shopping for Student Loans…not so much.
When it comes to finding the best student loan rates for YOU, I give the same advice over and over - SHOP AROUND! 

I can't tell you which lender will give you the best rate. That's because each lender has their own credit algorithm for reviewing what's important to their business before offering borrowers a rate.

But you might complain applying to multiple lenders is a pain because you have to fill out the same information over and over again.

Not true if you follow my next suggestion - try Credible.

Credible makes searching for student loans easy and quick. Think of it as your one-stop shop. Their online marketplace helps you find competitive, personalized loan offers from multiple lenders instantly.

Check rates from lenders like College Ave, Citizens Bank, MEFA, EdvestinU and many more. 


The entire Student Loan process can be so stressful, and the possible hit on your credit rating while you hunt around for the best deal will send the needle on your stress barometer sky-high.

Checking rates at Credible does not impact your credit and all it takes is just 2 minutes to fill out one simple form. 

The rates you prequalify for are based on your own credit profile. And “prequalifying” can certainly help bring that stress level down.

So you can go back to doing the “fun” shopping. And with Credible’s live customer support helping you make an educated decision, you might even have some money left over to buy the shoes.

Here's what some members of our Paying for College 101 group are saying…


LENDER I RATES 
__________________________

Ascent I 4.14% - 13.13%*

Citizens Bank I 3.96% - 11.61%*

College Ave I 3.96% - 11.98%*

Discover I 4.22% APR - 11.87%*

EDvestinU I 4.446% – 10.440%*

INvestEd I Starts at 3.70%*

MEFA I 3.95% to 7.30%** Fixed

Sallie Mae I 3.98% - 11.35%*

Sun Trust I 3.751% - 13.250%*

*Variable APR rates as of 7/25/19. Lender fixed rates may vary.
 All APRs reflect autopay and loyalty discounts where available.

** MEFA only offers fixed rate loans. Fixed APR rate as of 7/25/19.

As a reminder, students should always access their federal student loans first, before borrowing from private lenders. Interest rates on federal student loans are generally the lowest rates students can find without a cosigner.

Debbie Schwartz
Founder, Road2College
I'm a parent, like many of you, navigating college admissions and paying for college. With an expertise in personal finance, analysis, and marketing, I'm working to give families the information and tools to make smarter financial college decisions.
If this newsletter no longer fits your needs, consider receiving our new newsletter, focusing on financial issues related to students currently in college or recently graduated. 

Road2College may receive affiliate compensation on items purchased through our links.
LikeTwitterForward
Debbie Schwartz, Road2College, 19072, Narberth, United States
You may unsubscribe or change your contact details at any time.