The listings featured on this site are from companies from which this site receives compensation. This influences where, how and in what order such listings appear on this site.

Lend-Grow Review

Find a customized quote easily

This site is a free online resource that strives to offer helpful content and comparison features to our visitors. We accept advertising compensation from companies that appear on the site, which impacts the location and order in which brands (and/or their products) are presented, and also impacts the score that is assigned to it. Company listings on this page DO NOT imply endorsement. We do not feature all providers on the market. Except as expressly set forth in our Terms of Use, all representations and warranties regarding the information presented on this page are disclaimed. The information, including pricing, which appears on this site is subject to change at any time.

BestMoney Staff
Bestmoney Staff
Jun. 18, 20214 min read

Lend-Grow summary

Lend-Grow is an online loans marketplace that is somewhat unique in that it not only connects users with a network of lenders for refinancing the loan but also helps users get out of debt faster by paying an additional 0.10% APR each month to their loan accounts. This is on top of the low rates and any discounts you may receive from their lenders, including a 0.25% autopay discount.

Pros

  • A range of rates from network of lenders
  • 0.10% APR cashback each month for three years
  • None of the partners charge origination fees

Cons

  • Not a direct lender
  • Some smaller lenders may have less digital application process
Lend-Growat a glance
4.2

Editorial score

Online experience

Good online resources, but no access to rates

4.0

Customer services and support

Multiple ways of reaching lender, wide range of hours

4.0

Repayment flexibility

Offers multiple repayment plans- but no special repayment programs

4.0

Loan Types Covered

Covers most student loan types

4.0

Eligibility

Loans available to all credit types, income levels, and loan types

5.0

Lend-Grow Lend-Grow View Rates

Suitable For?

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 0.10% APR of loan amount each month for three years in addition to the payments you make.

Loan Features

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:

  • One application form earns you pre-qualification to multiple lenders
  • Fixed-rate refinancing: 2.55% - 5.72% APR
  • Variable-rate refinancing: 1.88% - 5.38% APR
  • Lend-Grow scans through its lender network to find you favorable rates and terms
  • They offer a 25 years term if you are looking for low payment options.
  • Following approval, Lend-Grow deposits  0.10% APR of your loan amount each month for three years  directly to your loan account so the loan pays off the loan faster.  This is on top of any discount you may receive from the lender. . 
  • Entire application takes place online—from initial quote request to closing your refinance.

The Application Process

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 lenders with favorable 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. 

Loan Terms, Amounts, and APR

Lend-Grow  offers 5, 10, 15, 20, and 25 year terms. Loan amount ranges from $25,000 to $500,000, with a rate of 1.88% - 5.38% APR for variable rate loans and 2.55% - 5.72% APR for fixed rate loans.

How Safe Is It? 

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.

Help & Support

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 contact@lend-grow.com

Summary

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 0.10% APR cashback on their refinance every month. These 2 features make Lend-Grow a valuable member of the student loan refinance community.

Physical Address

Lend Grow

14321 Winter Breeze Drive, Suite 39

Midlothian, VA 23113

Lend-Grow Lend-Grow View Rates

BestMoney Staff
Written byBestmoney Staff

Our editorial staff consists of writers who are knowledgeable about financial services. We specialize in simplifying the process of choosing the right provider for your needs.

Lend-Grow
Lend-Grow

Top 5 Student Loans

Credible

Credible

Visit Site
Earnest

Earnest

Visit Site
Splash Financial

Splash Financial

Visit Site
Citizens Bank

Citizens Bank

Visit Site
site logo

Copyright © 2009-2021 Natural Intelligence Ltd. All Rights Reserved.

By using our content, products & services you agree to our Terms of Use and Privacy Policy.

  • About Us
  • Cookie Policy
  • Terms of Use
  • Partner with us
  • Privacy Policy
  • Contact

This site is not a loan provider or a broker and does not offer loans or mortgages directly to end users, but only allows users to match with lending partners and platforms that may extend a loan. All loan approval decisions and terms are determined by the loan providers at the time of your application with them. Any matching request submitted through our website does not constitute a loan application and you will have to submit a loan application to the respective lender before the lender provides you with an actual offer. We do not warrant that you will be approved for a loan, nor that you will be offered a loan with the same terms presented on our website. Lenders listing in this website DO NOT imply endorsement. Certain details, including but not limited to loan terms, prices and special offers, are provided to us directly from our partners and are dynamic and subject to change at any time without prior notice

Reproduction in whole or in part is strictly prohibited.