LendKey

Being a private student in college can be overwhelmingly expensive, and most students opt for private student loans and student refinancing loans to help them through their education. 

Many financial institutions offer student loans, but the goal is to ensure you get a good rate on your loan. If you need trustworthy student loans at lower rates, LendKey may be the right choice for you. 

Here is an article explaining everything you need to know about LendKey.

What is LendKey?

LendKey is an online platform that connects you, the borrower, to banks and other financial unions as lenders who provide both student and home improvement loans at relatively lower rates. The goal of LendKey is to help you save money on your loan so that you can do more of what you want to do. The mission of this online loan provider is to improve lives through lending made simple.

How to apply for a loan at LendKey?

The good news is; LendKey is an online platform that connects you to lenders digitally; therefore, you do not need to make physical trips to the bank. When you want to apply for a private student loan or student refinancing loan from LendKey, you will need to fill in an online form with your correct details. Your details will be used to check your legibility for the loan. It is key to note that this company hosts different lenders with different lending methods who share a common goal of ensuring lower loan rates.

After your legibility is confirmed, this brand will connect you to the best lender that matches your loan needs. The next thing to do is to wait for loan approval. The process is as simple as filling up your details, sitting back to wait, and leaving the rest of the work to LendKey.

What is the loan interest at LendKey?

The most beneficial aspect of LendKey is that they offer relatively lower interest on loans. The aim of refinancing student loans is to lower the interest amount that you pay for your student loans. LendKey offers a lower interest rate of 3.27% for variable APR and 3.99% for fixed APR.

Advantages of LendKey

The advantages of using this services are the following:

• With student loan refinancing, LendKey provides lower interest rates and allows you to save money.
• LendKey hosts different lenders who offer multiple repayment options to fit your budget
• You can simplify your finances by refinancing your student loan through one convenient loan at lower rates.
• Lenders on LendKey do not charge an origination fee on student loan refinancing.

LendKey Customer Support

LendKey offers first-class customer service. Choosing the best loan to apply for involves going through different websites to determine the best. LendKey customer support is dedicated and ready to help you avoid the hassle of turning pages. You can easily contact customer support through a direct call or email.

LendKey Customer Review

I used LendKey to refinance my student loan, which felt like a relief because now I get to pay a lower interest rate, and I can pay the loan with flexibility. For student loan refinancing, I recommend LendKey anytime. Janet

Thanks to LendKey, my private student loan was approved, and I can now continue my studies comfortably. I enjoyed that LendKey was willing to help me achieve my goal by finding the best lender to match my loan needs. Elvis

I enjoyed the customer service experience at LendKey. When I made a call, I was given instant attention, and my inquiry was addressed appropriately. Mercy

Further thoughts

Student loan refinancing with LendKey is the best way to manage your student loans while reducing the interest rates on payments. This way, you can stay on top of your personal finances and still save money. The only catch is that you will have to qualify for the loan; however, your credit score will improve over time, and after getting a stable income, you can make your payments easily.