Financhaser prepares compare list for student loans and shares the best monthly pick with you. In the compare list, there are lenders that offer for people having various credit scores.

Compare Best Student Loans of September 2020

1 - Commonbond Private Student Loan

Best of August

3.19% to 6.43 (fixed) 3.20% to 6.28% (variable)

APRs

660+

Minimum Credit Score

$5,000 to $500,000

Loan Amounts

5 to 20 years

Loan Terms

2 - College Ave Private Student Loan

3.99% - 12.99% APR (fixed) / 1.24% to 11.98% APR (variable)

APRs

600+

Minimum Credit Score

$5,500 to $12,500

Loan Amounts

5 to 15 years

Loan Terms

3 - Ascent Private Student Loan

3.62% to 14.50% (fixed) 2.73% to13.01% (variable)

APRs

540+

Minimum Credit Score

$1,000 to $200,000

Loan Amounts

5 to 15 years

Loan Terms

4 - SallieMae Private Student Loan

4.25% to 12.35% (fixed) 1.25% to 11.15 (variable)

APRs

N/A

Minimum Credit Score

$1,000 to $200,000

Loan Amounts

5 to 15 years

Loan Terms

5 - Discover Private Student Loan

4.49% to 12.39 (fixed) 1.24% to 10.99% (variable)

APRs

N/A

Minimum Credit Score

minimum $1,000

Loan Amounts

5 to 15 years

Loan Terms

6 - Earnest Private Student Loan

4.00% to 12.78(fixed) 1.24% to 11.44% (variable)

APRs

650+

Minimum Credit Score

$5,000 to $500,000

Loan Amounts

5 to 20 years

Loan Terms

7 - Sofi Private Student Loan

4.73% to 11.46% (fixed) 1.30% to 10.00% (variable)

APRs

N/A

Minimum Credit Score

minimum $5,000

Loan Amounts

5 to 20 years

Loan Terms

8 - Citizens Bank Private Student Loan

4.25% to 11.95% (fixed) 1.25% to 11.40% (variable)

APRs

N/A

Minimum Credit Score

$1,000 to $150,000

Loan Amounts

5 to 15 years

Loan Terms

9 - Lendkey Private Student Loan

3.19% to 7.75% (fixed) 2.63% to 5.25% (variable)

APRs

660+

Minimum Credit Score

$5,000 to $300,000

Loan Amounts

5 to 20 years

Loan Terms

10 - Credible Private Student Loan

3.62% (fixed) / 1.24% (variable)

APRs

580+

Minimum Credit Score

$1,000 to $50,000

Loan Amounts

5 to 15 years

Loan Terms

Needs to know before having a student loan

Being a student is difficult when it comes to payments for university, accommodation and other expenses. You may want to have at least one of savings, grants, scholarships and federal student loans to pay for college. If you ever need private student loan, you should find the student loan which suits to you best.

Federal loans are that the government in US provides students with sort of a loan to cover sheltering, school expenses and daily needs. These loans have lower interest rates compared to private loans, and conditions that will enable students to easily repay. FAFSA is a type of loan given to student by The Department of Education.

The another type of student loans is private loan. When looking for private student loans, we recommend paying attention to all details, such as low interest rates, different loan terms, reimbursement plans, lender offers.

How to apply for a student loan

The most memorable, most enjoyable years of your life will probably be college years. But these beautiful years will bring some responsibilities....