Washington DC – US News & World Report, the global authority on consumer ranking and advice, today announced the addition of a fourth major category to its top loan company ratings: Top Loan Refinance Lenders students.
Best Loan Companies Ratings is a five-star system to help consumers compare over 70 lenders as they look to save money when buying a home, paying for emergency expenses, or renting money. debt consolidation. In addition to Best student loan refinancing lenders, US News rates top loan companies semi-annually in three other broad loan categories: Best private student loans, Best mortgage lenders and Best personal loans. Ratings appear on US News Lender Profiles and are accompanied by relevant information about each lender, such as minimum credit score requirements.
âWith the suspension of federal student loan repayments expiring at the end of September, refinancing your private student loan may be an option to lower your monthly payments and save on interest,â said Kim Castro, editor and responsible for content at US News. . âReviews from the best student loan refinance lenders will help you see how lenders stack up and choose the best lender that will save you time, money and stress. ”
US News rated lenders in three categories – affordability, customer service, and eligibility – based on several factors, then assigned ratings based on an overall weighted and cumulative score. Factors for top student loan refinance lender scores include customer service scores, refinancing interest rate, refinance loan term, loan refinance amounts, minimum FICO refinance score, availability of products and functionality online. For more details on how the ratings were calculated – including the factors that determine the best private student loans, the best mortgage lenders, and the best personal loans – see the methodology.
News from the United States’ University loan center also offers tips and tools to help consumers navigate financial aid, student loans, and overall financial planning.
About US News and the World Report
US News & World Report is the global leader in quality rankings that empower citizens, consumers, business leaders and politicians to make better, more informed decisions on important issues affecting their lives. A multi-faceted digital media company with education, health, money, travel, cars, news and 360 reviews platforms, US News provides rankings, independent reports, journalism from data, consumer advice and US News Live events. Over 40 million people visit USNews.com every month for research and guidance. Founded in 1933, US News is headquartered in Washington, DC