WILMINGTON, Del.--(BUSINESS WIRE)--As federal student loan interest rates rise, leading next-generation fintech company College Ave Student Loans offers students and their families incredible value with new, lower interest rates for private student loans. As of July 1, College Ave Student Loans’ undergraduate student loan offers qualified borrowers variable rates starting at 2.81 percent APR and fixed rates starting at 4.45 percent APR, with the auto-pay discount.
With no origination fees, lower rates for in-school payment plans and an auto-pay discount, undergraduate student loans from College Ave Student Loans are among the most affordable private loan options available. In addition, College Ave offers the most flexible repayment plans to help consumers find the best fit for their financial situation and goals. With College Ave, borrowers can select from four different repayment options and choose the number of years they take to repay the loan. The undergraduate student loan is available to students attending accredited undergraduate programs and can cover up to 100 percent of the school-certified cost of education.
“At College Ave Student Loans, we are proud to offer best-in-class private student loan products,” said Joe DePaulo, CEO and Co-Founder of College Ave Student Loans. “We know what a stressful time this is for families; they’re already dealing with the emotional transition to college but still need to manage the financial responsibility of higher education. We’re always looking for ways to make borrowing for college more affordable and are thrilled when we can pass savings on to our customers. We pride ourselves on making the student loan process less complicated, and offer education, tools, low rates and multiple repayment options, so our customers never have to pay more for a loan than is necessary.”
In addition to taking advantage of student loans with low interest rates, customers can also save by choosing to start paying down the student loan while in school. For more information about the available options and to see how to reduce the cost of your loan, visit the College Ave Student Loans calculator tool.
About College Ave Student Loans
College Ave Student Loans is simplifying the student loan experience so students can get on with what matters most: preparing for a bright future. As a fintech lending company with a sole focus on private student loans, we’re using technology and our deep industry expertise to connect families who need to cover education costs with lenders who can provide that funding. By specializing in student loans, we are able to give our customers the attention they deserve and deliver loans that are simple, clear, and personalized for the individual: we help you find your perfect fit. We offer competitive rates, a wide range of repayment options, and a customer-friendly experience from application through repayment. Visit www.collegeavestudentloans.com.