Looking for a student loan that fits your budget or considering refinancing your current student debt? Then, you should read our review of LendKey Student Loans.

With over 25 years of experience, we’re here to give you an easy-to-understand LendKey review. Let’s get started!

LendKey is an online platform that partners with credit unions and community banks to make student loans more accessible.

It’s especially appealing to those who don’t have money flowing like a river, offering loans to those making up to $90,000 a year.

Refinancing loans start with a soft credit check to determine your rates and prequalify.

Still, the loan terms range from 5 to 20 years; you can borrow between $5,000 and $250,000.

LendKey sweetens the deal with autopay and an average approval time of 30 days.

Also, there’s the referral bonus – you and your friend each get $200 when they successfully get a loan through LendKey. So. it’s a win-win.

Plus, LendKey has a career assistance program.

Private student loans offer fixed APRs ranging from 4.39% to 11.11%. However, a hard credit pull is required to prequalify, so be prepared.

These loans are perfect for students who want to establish a connection with a community bank or credit union.

They come with an extended 18-month forbearance period. However, you’ll start making payments while still in school.

Choose your repayment path: flat fee, where you pay $25 monthly for 60 months while in school, or interest-only payments for up to 60 months.

There’s also the benefit of co-signer release after 24 months and autopay options.

Private student loans also come with a career assistance program.

In summary, refinancing loans are ideal for those who prefer the personal touch of private lenders over big banks.

On the other hand, private loans are great for those who want a community bank or credit union connection with an extended forbearance period.

Review LendKey Student Loans perks and drawbacks below. 

For a foot in the door with LendKey, you’ll need a credit score of at least 660, which is considered fair. So, it’s a welcoming door for many. 

Ready to apply for LendKey Student Loans? We’ll guide you through the process. Keep reading!