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College Ave Student Loans Review: Student Loans and Refinancing

College Ave Student Loans is a private lender that offers student loans and refinancing products for college students. With competitive interest rates and flexible loan terms, they strive to help borrowers save money as they fund their college dreams.

college-ave-review
college_ave_logo_sl
4.2
Min. Credit ScoreMin. Credit Score Not disclosed
Loan AmountsLoan Amount $1K up to the cost of attendance
Fixed APRLoan Repayment 5-15 years
Holly Johnson
Written by:Holly Johnson
Award-Winning Personal Finance Contributor

Founded in 2014, College Ave Student Loans offers financial products that help students afford college while minimizing long-term costs. Not only do they offer undergraduate and graduate school loans, but they also grant specialized Career Loans at specific schools — all with no fees to apply. More importantly, College Ave student loans come with flexible repayment terms and competitive interest rates for creditworthy borrowers.

Summarized Rating

Loan Features4.5
Interest Rates and Fees3.6
Qualification Leniency4
Application Process4
Customer Support5
User Reviews3.3
Perks Bonus5

This parameter considers loan term lengths, loan limits, and loan structure optionality (fixed and variable rate offerings). For each loan type offered, each of these features was evaluated using the five-point scoring system. Then, the various scores were aggregated and averaged to establish an overall loan features score.

College Ave scores an excellent 4.5 for Loan Features. This is attributable to its relatively flexible term lengths and best-in-class loan structure optionality (fixed vs. variable).

College Ave Pros
Prequalify without a credit check
Flexible repayment terms (up to 15 years)
Pay during school or defer payments
Career Loan borrowers earn cash back
Apply in as little as three minutes
Online chat support offered
Auto-pay discount available
College Ave Cons
Does not disclose minimum credit score requirements
Lengthy waiting period for co-signer release
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You'll start the process by selecting the type of loan you need, whether you plan to apply for an undergraduate or graduate student loan or you need to refinance loans you already have. From there, you'll let College Ave know if you're applying alone or with a co-signer.

Frequently Asked Questions (FAQs)

Which Games Are Available?

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Can I lose my Money?
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About the Author

Holly Johnson

Holly Johnson

Personal Finance Expert

Holly Johnson is an award-winning writer who covers personal finance topics such as insurance, loans and loan products, budgeting, credit cards and loyalty programs.

More about me