LendKey private student loans come from 13,000+ community banks and credit unions. LendKey is a marketplace that connects you to private lenders. Essentially, it’s a matchmaking service to help borrowers find local financial institutions for student loans.
LendKey’s partner credit unions and banks may offer additional college financing needed to cover the total cost of attending school. The loan maximums are based on the full cost of attendance, as well as the type of degree program the borrower is pursuing.
- Choose from multiple lenders through a single platform giving you choice and flexibility
- No origination fees or application fees
- Autopay features give borrowers a 0.25% interest rate discount with automatic payments
- Borrowers with cosigners may have the option to release a cosigner after 24 months of consecutive monthly payments