College Ave Student Loans Review
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8 Customer Comments & Reviews - see all comments
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College Ave is an online marketplace offering a simplified approach to finding and securing student loans. It offers undergraduate, graduate, and parent loans as well as refinancing loans. The company was incorporated in 2014 and is headquartered in Wilmington, Delaware.
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8 Customer Comments & Reviews
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TOTAL SCAM! Will rip you off and keep you paying forever! Completely illegal practices.
College Avenue is a ripoff company. They do not post payments correctly, leading to perpetually compounding interest, which is an illegal practice on a fixed rate loan.
How can a FULL TIME student at 20 years old be able to make 35,000 a year to apply for their own loan?
No different from any other loan out there. They want a co-signer.
My daughter has a couple loans through them. It's so hard these days with education being way overpriced so we didn't have much of a choice. The loan process and disbursement was fine. However, be aware when it comes to payment. We decided she would pay the minimum of $25/mo on two loans while a student (so $50/mo total). My daughter, being 20 and still learning to be an adult, has been late on payment on two separate occasions. I know this because they literally have a debt collector call you at about 5 days overdue! On two separate occasions now, I have received a call from a debt collector (since I am a co-signer on the loan) saying that she is late (by 6 days once, and 8 days the other... Read More
So far my experience has been good with college ave customer service. My experience today with Kristina was superb. She was able to easily explain why i was receiving emails telling me that we were still waiting on the college to respond/certify our loan. She took additional steps to ensure that everything had already been certified and ensured we would not receive any additional emails. Well done Kristina and Thanks!
College Avenue loan has the highest rate among several loans my daughter took out with my co-sign. Worst among what we used.
College Avenue Loans has terrible customer service! In the application process, After 3 unanswered emails, I made a verbal request to lower the borrow amount on an approved application to be told that I could cancel the current application and resubmit without being subject to a new credit report pull and that my approved loan information would be referenced. Once this was done, my interest rate went up 4%. I called again and talked to a Supervisor. Don't let them fool you - I asked the Supervisor if she was a call center supervisor after not getting any answer or commitment for anything and she admittedly said that she was. She indicated a financial representative would call in 24 hours.... Read More
Top Rated
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#1 Rated Option for Students & Parents for 2024
Competitive interest rates starting at 4.07% APR
- Cover up to 100% of your cost of attendance: tuition, fees, and other costs2
- Option to start repaying immediately or after you complete your degree
- Choose how long it takes to repay your loan based on your budget
- No application, origination, or prepayment fees
