LendKey Student Loans Review

Rating: 9.3 / 10 (Excellent)
Disclosure: We receive advertising revenue from this partner. 
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Founded in 2009, LendKey is an online lending services company that matches consumers with financial providers from a network of community banks and credit unions that offer private student loans, as well as student loan refinancing. The company allows customers to compare rates and lenders in a neutral online environment.

How is LendKey rated?


Loan Specifics
Customer Experience
Company Reputation

Overall Rating: 9.3 / 10 (Excellent)

LendKey provides a fast and simple application process that matches applicants with credit unions and small banks in their community offering loans at lower rates than those extended by larger lenders. It doesn't charge application or origination fees and offers rate discounts when customers sign up for automatic payments, providing customers with additional ways to save.

LendKey Loan Specifics

Loan Specifics - 9.5 / 10

LendKey is a marketplace that matches consumers with credit unions and other community banking institutions that can offer more competitive interest rates and loan terms than larger lenders. Applicants can receive offers for loans with APRs as low as 4.53% (variable) or 5.36% (fixed) when they sign up for auto-pay. Lenders in LendKey's network do not charge application or origination fees, offering applicants further ways to save. A cosigner release option is also available for borrowers who meet consecutive payment requirements.
Loan Types
Interest Rates
Fixed APR Range
As low as 5.36% with auto-pay discount
Variable APR Range
As low as 4.53% with auto-pay discount
Repayment Options
Cosigner Release

LendKey Qualifications

Qualifications - 9 / 10

Applicants must be US Citizens or permanent legal residents to qualify. Other requirements may apply depending on the particular lender, such as opening an account with the credit union. Having a cosigner is not required, but it may improve an applicant's chances of obtaining a lower interest rate.
Cosigner Required
Citizenship Requirement
U.S. Citizen
Permanent Legal Resident

LendKey Customer Experience

Customer Experience - 9 / 10

Prospective borrowers can access LendKey's network of lenders through the company's simple online application. Any required documentation can also be uploaded to LendKey's web portal. Customer service can be reached on weekdays, from 9 am to 8 pm, EST.
Student Loan Calculator
Online Quotes
Autopay rate discount

LendKey Company Reputation

Company Reputation - 9.5 / 10

LendKey is accredited by the BBB and holds an A+ rating with the organization. The company has only three customer reviews, all of which are negative. It has also received a similar number of complaints, yet the company has responded to each of them as per BBB guidelines. Most complaints filed against LendKey seem to involve customers who are confused about the terms of their loans. As always, potential customers are advised to read the entirety of the loan agreement to avoid surprises later.
Lender Type
Year Founded
BBB Rating
Number of BBB Positive Reviews
Number of BBB Negative Reviews
Date Collected

Company Profile

Full Name
LendKey Student Loans
Company Website
104 West 27th Street, 4th Floor, New York, NY, 10001

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Our Partner
9.3 / 10
  • APRs for as low as 4.53% (variable) and 5.36% (fixed) with AutoPay
  • Reduce your rate by 0.25% when you sign up for AutoPay
  • No application or origination fees
  • Get a private student loan in just 3 minutes
  • A+ BBB Accredited