College Ave Student Loans makes the student loan process easy, simple and clear so students can get on with what matters most: a bright future
My sweet daughter is a junior in High School and pretty much all we talk about now is COLLEGE. She is excited and can’t wait to pin down where she is going to college. I’m not as excited for many reasons; the main one is my baby girl is growing up. But the one thing that keeps popping up in my head is HOW AM I GOING TO PAY FOR COLLEGE. I don’t have much saved, and college is a costly expense that I know I will be paying for a long time. I was doing my research and came across College Ave Student Loan and their Parent Loans. It looks like College Ave Student Loans offers more flexibility to fits my specific financial situation than many other private parent loan options.
The College Ave Student Loans Parent Loan is a good option to consider for those families that need to pay for college. It looks like I can save money because there is no origination fee, lower rates than the federal loan for those with qualifying credit, and personalized options to meet my individual financial situations. I can have up to $2,500 directly deposited into my bank account to help pay for her extra educational expenses. There is also multiple ways to pay back the loan including a reduced interest rate if I start paying back while she is still in school. With a fixed rate of 6.35% APR and variable rates of 4.03%-6.03% APR (all rates shown include auto-pay discount) for qualified borrowers, the College Ave Parent Loan offers parents a competitive alternative to existing loans. Loans start at $2,000 and can cover up to 100% of the school-certified cost of attendance. Parents will be able to apply for this new loan as of April 20, 2016.
College Ave Student Loans Parent Loan offers qualified parent borrowers average saving of nearly $1,000± vs. the Federal Direct Parent PLUS program
I was impressed that to better support parents who may want to consider borrowing themselves or cosigning a private student loan, College Ave Student Loans is collaborating with Experian®, a leading global information services company, to offer a complimentary credit education session with an Experian Credit EducatorSM agent. During the in-depth, one-on-one, 35-minute phone call with an Experian Credit Educator agent, parents will receive a copy of their Experian credit report and score, a personalized, step-by-step walk-through of the report, as well as examples of actions that may improve their credit score and insights for future credit management decisions. I feel every family should do this no matter what! Parents also have the option to start paying in full right away, or to limit monthly payments while the student is in school, and to pick their repayment terms from 5 to 12 years.
For more information about how to access the free credit education session, visit www.collegeavestudentloans.com/crediteducator.
Plus parents also have the option to start paying in full right away, or to limit monthly payments while the student is in school, and to pick their repayment terms from 5 to 12 years. This sounds awesome, and this seems to be the direction we need to go in now!
If this sounds like something you need please click on the links below and read more, and please do the qualification tool because its walks you through all the numbers.
Now I don’t have to worry how I’m going to send this girl to college- College Ave Students and Mom has this covered!
I was selected for this opportunity as a member of Clever Girls and the content and opinions expressed here are all my own.