Credible, LendKey, CommonBond - 3 Best Places for Student Loans

While college itself is expensive enough, student loans single-handedly make the situation worse. If you are just getting started with college, it becomes all the more difficult to research about the best student loan platforms. But I’m here to help, and in order to make things simpler, I have listed the top 3 student loan sources that’ll make it easier for you to get a loan.

1. Credible


Website: https://www.credible.com/
Credible is our top pick for private student loans, because of its simplicity, ease of use and efficiency. In case you haven’t guessed already, this is a comparison tool that’ll shop the leading private loan providers for offering you the best student loan rates and terms. To put it simply - you won’t have to manually look out for the student loan rates.

As of now, Credible can help you with private loans from leading banks like the Citizens Bank, College Ave, Connext, IHelp, Sallie Mae and the likes of it.

2. LendKey 


Website: https://www.lendkey.com/
LendKey is our very next pick for shopping student loans because they compare all the ‘remaining’ important aspects of your student loans. Instead of working with leading banks and lenders, this tool collaborates with the credit unions and the community banks. Unlike many other platforms, Lendkey will handle everything for your loan, as the money you’ll get will come from these community banks.

The platform doesn’t have any specific application fees and they also offer one of the quickest periods for consigner release (2 years). And the best part- you will also get access to several payment options for managing your student loans.

3. Common Bond 


Website: https://www.commonbond.co/
If you’re looking for a private student loan- Common Bond is our perfect pick for the job. Unlike the other platforms featured on our list, this is the only direct lender. Yes, Common bond isn’t available on any comparison sites as they aren’t a middle man in the first place.

The platform also comes with some of the lowest rates for student loans. However, you will need a consigner for the loan. Like Lendkey, they too offer a 24 month consigner release, which is one of the shortest terms we’ve come across.

In addition to all these services, this platform also offers forbearance to the borrowers who are currently suffering from an economic mishap.

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