Laurel Road Student Loans

Laurel Road aimed to provide student loans to borrowers seeking competitive rates and flexible repayment options. Here is a general overview: Loan Types: Laurel Road offered both undergraduate and graduate student loans, including loans for professional degrees such as law and medical degrees. They provided financing for tuition, living expenses, and other education-related costs. Interest Rates: Interest rates on Laurel Road student loans were competitive, and they often offered both fixed and variable rate options. The actual rates depended on factors such as the borrower’s creditworthiness and the type of loan. Repayment Options: Laurel Road provided various repayment plans to accommodate different financial situations. Borrowers could choose from standard repayment, interest-only repayment, or deferred repayment while in school. Additionally, they offered grace periods after graduation before the commencement of full loan repayment. Refinancing Options: In addition to student loans, Laurel Road was known for its student loan refinancing options. Borrowers with existing student loans could refinance to potentially get a lower interest rate, consolidate multiple loans, and simplify their repayment. Customer Benefits: Laurel Road aimed to provide excellent customer service and certain borrower benefits. These benefits might include autopay discounts, interest rate reductions for graduates, and no application or origination fees.