Earnest Student Loans Review

With student loans it is possible to cover the high tuition fees charged by colleges, study materials and other expenses and expenses involved. Thus, student loans are indispensable for the educational process and should be considered as an aid tool.

Because it is designed especially for students, this type of loan offers some additional benefits, such as competitive interest rates and no origination fee. But to apply for your student loan, you need financial planning and organization.

Learn more about the details, advantages, fees and how to apply for the earnest student loan!

Who is Earnest Student Loans best for?

If you still don’t know if the Earnest Student Loan is right for you, don’t worry, we’ll explain it to you better. Earnest has a wide variety of student loans, which makes it easy to find the one that best suits your needs.

With the Earnest Student Loan you will have the opportunity to pay for your college and complete your studies with the financial stability that this moment requires. In addition, the company allows borrowers for undergraduate and graduate, MBA, medicine and even parents.

What are the benefits of Earnest Student Loans?

Getting your student loan may not be such a quick task, after all, many people are applying for yours, generating a queue.

However, the student loan may be the only way for students to complete their studies and earn their diplomas, achieving a successful career and a good salary.

So, see the main benefits offered by Earnest Student Loan:

Nine-month grace period: Earnest Student Loan offers a nine-month grace period, which allows students the time they need to develop their skills and look for a job after graduation. In addition, this period guarantees extra time for the student to be able to think of something to pay off the loan with more peace of mind.

Loans for Career Programs: Earnest Student Loan also offers Loans for Career Programs, which is not common to find with other lenders. Thus, students can specialize and acquire new skills.

Allows you to skip payments: You can request a break in loan payments once a year, which is a great opportunity to relieve the stress of monthly payments or who are going through a difficult time.

Interest rate discounts: Earnest Student Loan also offers discounts for automatic payments. Setting up automatic payment is very simple and fast and saves you hundreds of dollars.

Adjustable Payment Dates: One of the main benefits offered by the Earnest Student Loan is the opportunity to make loan payments on time and can adjust them to the amount the borrower requests.

Earnest Student Loans Details

Amount available for student loan: Earnest Student Loans offers amounts between 5000 and 10000, reaching up to 500000.

Loan terms: loan repayment terms can range from 5 to 15 years. Please note that in the state of Nevada, the Earnest Student Loan is not currently available.

Earnest Student Loans Interest Rates and Fees

See the fees charged by the Earnest Student Loan:

• Interest rate: Interest rates can range from 3.22% to 12.78% for fixed rates and 1.34% to 11.44% for variable rates.
• Origination Fee: Earnest Student Loans does not charge an origination fee from its borrowers.
• Late Payments and Prepayment Fees: Fortunately, Earnest Student Loan does not charge a late payment fee or prepayment fee.

Qualifying for Earnest Student Loans

With the rising cost of colleges and to keep studying, student loans are the best alternative. See if the necessary requirements to be eligible for your student loan:

• Enrolled at any accredited college or university (must be full-time)
• Must have a credit score of 650 and above
• Must have an annual income of $35,000
• Must have a credit history of 3 years with no account collections or bankruptcies