Saving thousands of dollars on your student loan debt seems ideal, and that’s just what LendKey promises. Is it legit, though?
LendKey filled a void that existed in the student loan refinancing industry. They have been around since 2007. They took advantage of the student loan industry by beating small banks and credit unions to the punch with student loan refinancing and private student loans. But if it the right student loan refinancing company for you?
Let’s find out, together in our Lendkey review.
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What is LendKey?
LendKey is a platform that connects borrowers with community banks and credit unions that provide private loans for undergraduate and graduate students and refinance loans for college graduates.
Who is LendKey Best For?
Lendkey is a great option for those that have an average credit score and you’re looking for a lot of options in terms of student loans refinancing or consolidation.
Visit LendKey to learn all of their options to see what they have for you.
Services Offered
- Student Loan Refinance and Student Loan Consolidation
LendKey Features
- Auto Payment, Cosigner Option, Calculator on Website
LendKey Student Loan Refinancing Rates
Student Loan Refinance: 2.51% APR – 8.82% APR
- Student Loan Refinance Variable Rates: 2.51% – 8.09%
- Student Loan Refinance Fixed Rates: 3.49% – 8.82%
They have interest rates as low as 2.51% – 8.09% for variable APR and 3.49% – 8.82% for fixed APR.
You can get your student loan refinancing custom rate in 3 minutes or less by clicking here.
LendKey Private Student Loans
Private Student Loans: 4.92% APR – 10.01% APR
- Private Student Loans Variable Rates: 4.92% – 10.01%
- Private Student Loans Fixed Rates: 5.36% – 9.69%
You can get your private student loan custom rate in 3 minutes or less by clicking here.
Loan Length
Loan Length: 5, 7, 10, 15, 20
You can get a loan through them for a 5, 7, 10, 15, or 20-year term. Speak to one of their representatives to figure out the best loan length that works for you.
Loan Amounts
The company currently offers student loan refinancing and consolidation for loans over $5,000.
LendKey Eligibility
To qualify for this loan, you will need to be able to prove that you have an adequate income to pay off the loan and an average credit score.
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Is LendKey Safe?
LendKey has an A+ rating on the BBB page. They also have 5 customer reviews with an average of 1/5 stars.
More LendKey Info:
BBB File Opened: 10/23/2009
Years in Business: 11
Business Started: 5/2/2007
Business Incorporated: 5/2/2007 in DE
Accredited Since: 9/24/2012
Type of Entity: Corporation
LendKey Headquarters: 104 West 27th Street, 4th Floor, New York, NY 10001-6210
LendKey Contact Information:
Fax Numbers
- (866) 610-7450
Phone Numbers
- (888) 549-9050
- (800) 881-8985
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