Washington, DC – US News & World Report, the global authority on rankings and consumer advice, today announced the addition of a fourth major category to its Best Loan Companies Ratings: Best Student Loan Refinance Lenders.
Best Loan Companies Ratings is a five-star system that helps consumers compare 70+ lenders if they are looking to save cash on home purchases, emergency billing, or debt consolidation. In addition to Best student loan refinancing Lender US News rates the best loan companies in three other key loan categories every six months: The best private student loans, Best mortgage lenders and Best personal loans. The ratings appear on US News’ lender profiles and are accompanied by relevant information about each lender, such as: B. Minimum Credit Requirements.
“As the government student loan payment hiatus expires in late September, refinancing your personal student loan can be an option to lower your monthly payment and save interest,” said Kim Castro, editor and chief content officer, US News. “The ratings of the best student loan lenders will help you see how lenders are doing and select 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 multiple factors, and then awarded ratings based on a weighted, cumulative total score. Factors in the best student loan refinance lender ratings include customer service ratings, refinance rate, refinance loan term, refinance loan amounts, minimum FICO score for refinance, product availability, and online features. For more details on how ratings are calculated – including the factors that determine the best personal student loans, best mortgage lenders, and best personal loans – see methodology.
US News’ College loan center Also includes tips and tools to help consumers navigate their way through grants, student loans, and general financial planning.
Via US News & World Report
US News & World Report is the world’s leading provider of quality rankings that enable citizens, consumers, business leaders and politicians to make better, more informed decisions about important issues that affect their lives. A diverse digital media company with platforms for education, health, money, travel, automobiles, news and 360 reviews, US provides news rankings, independent reporting, data journalism, consumer advice and US news live events. More than 40 million people visit USNews.com every month for research and advice. US News was founded in 1933 and is headquartered in Washington, DC