The other difference is their lender network base. While other marketplaces work mainly with big national lenders, Lend-Grow works with smaller lenders, who often have very competitive rates.
If you’re struggling to find a good student loan refinance from the big lenders, Lend-Grow can help find you a deal from a smaller local lender. Lend-Grow takes all the guesswork out of refinancing your student loan, helping you compare and pre-qualify for deals from local lenders in minutes. Their incentive program also helps you pay off your loan faster by depositing .25% APR of loan amount each month for three years in addition to the payments you make.
As a marketplace, Lend-Grow exists to match you with a suitable lending partner. When you apply to Lend-Grow, it quickly scans through its lender network to find you the right student loan refinance for your needs and requirements.
Here are the highlights:
The entire Lend-Grow process involves 3 easy steps.
1. Provide information. This includes: name and contact details, name of co-signer (if you have one), gross annual income, rent/mortgage payment, rent/ownership information, estimated student loan balance, and current monthly payment.
2. See your offers. After you press ‘Submit’, Lend-Grow shows you a list of top lenders with competitive rates and payment terms. Choose the one you think is right for you.
3. Apply at lender. After you choose a lender, Lend-Grow redirects you to the lender’s website where you complete the application.
Lend-Grow offers 5, 10, 15, 20, and 25 year termsLoan amount ranges from $5,000 to $500,000. Rates start from 3.60% APR for variable rate loans and from 4.00% APR for fixed rate loans.
Lend-Grow is operated by Creditsnap, a Fintech lending platform that uses next-generation technologies to automate much of the underwriting process. Lend-Grow won’t ask you for your Social Security number and won’t pull a hard credit query. . In addition their platform has all standard security features such as SSL encryption. Overall, it is perfectly safe to use Lend-Grow to compare student loan refinance options.
Although primarily an online platform, Lend-Grow does offer a basic level of customer service. To contact Lend-Grow, text them at 833-536-3479 or email email@example.com
Lend-Grow stands out from other student loan refinance marketplaces in 2 ways. One, it connects users with smaller rather than the big lenders. Two, it offers a unique rewards system in which the user gets 0.25% APR cashback on their refinance every month. These 2 features make Lend-Grow a valuable member of the student loan refinance community.
12110 Sunset Hills Rd, #600
Reston, VA 20190