Lend Key Private Student Loans Review

Rating: 9.3 / 10 (Excellent)
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How is Lend Key Private Student Loans rated?
Maximum Loan Limit
Repayment Options
Student Loan Rates
Loan Terms
Rewards and Discounts
Loan Related Fees

LendKey is a financial company that offers an innovative approach to matching student loan borrowers with student loan lenders. Its network of lenders consists of over 13,000 unions and community banks which provide low-interest student loans. LendKey brings student loan borrowers and lenders into one online community and provides borrowers with tools needed for making more informed decisions.

Loan Service Category

Loan Matching Service

Student Loans Offered

Private Student Loans, Student Loan Refinance, Federal Student Loans

  • Fixed Interest Rate
  • Variable Interest Rate

*Loans offered depends on the customer’s chosen lender

Services and Features

LendKey financial services give borrowers access to private student loans, student loan refinance, and federal student loans with variable or fixed interest rates. Rates depend on the community lender selected with APRs of as low as 3.28%. This is possible with the help of local credit unions included in its network of lenders.

Each student loan company has its own unique rate and loan feature. Most of the student loan companies for example give borrowers the chance to reduce interest rates by 1% once they have entered the full repayment period and repaid 10% of the principal loan. Borrowers can also get rate reductions of .25% for automatic repayments.

Interest paid on loans may also be tax deductible. For those with co-makers, some companies offer a co-signer release option for credit worthy borrowers.

Loan Rates Offered

Fixed Rate

Variable Rate

Types of Student Loans

Federal Student Loans

Private Student Loans

Student Loan Details

Minimum Loan Amount

Depends on chosen lender

Maximum Loan Amount

Depends on chosen lender

Loan Term Period

Depends on chosen lender


Depends on chosen lender


Online Application

College Scholarship Search

Student Loan Calculator

Application Process Time

A few minutes

Other Loan Related Fees

Origination Fee

Loan Application Fee

Late Fee

Help and Support

Live Chat





Eligibility for private student loans may vary according to a specific lender’s list of qualification and requirements. LendKey provides an online form which is used to determine which lending company best suits their situation. While LendKey reviews a client’s eligibility, student loan borrowers may receive multiple offers from different lenders. Information commonly required during application include:

  • Starting and ending date of academic period
  • Expected graduation date
  • Requested loan amount
  • Degree
  • School
  • Cumulative college GPA
  • Major
  • Class standing
  • Enrollment status

*Additional requirements may be asked to customers once they have chosen the lender they want to work with

Student Loans at LendKey Private Student Loans

LendKey offers student loan borrowers convenience and competitive rates from multiple lenders. This is possible because it lets different lenders compete for a client’s business. With credit unions who offer some of the lowest interest rates for student loans in its network, borrowers are able to select loans with the most attractive rates.

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