LendEDU Student Loans Review


Rating: 9.4 / 10 (Excellent)
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LendEDU is an independent online marketplace that allows consumers to compare financial products such as personal loans, student loans, and student loan refinance options from up to 12 different lenders. The company boasts a Better Business Bureau rating of A+ and a nearly perfect Trustpilot score of 9.5.

How is LendEDU rated?

Breakdown

10/10
Loan Specifics
9/10
Qualifications
8/10
Customer Experience
10/10
Company Reputation

Overall Rating: 9.4 / 10 (Excellent)

As an online marketplace, LendEDU is a great place to review offers from multiple lenders, which can help potential borrowers shop around for the best deal. LendEDU's student loan resources are a great help. Furthermore, the company has a great reputation among its customers, as evidenced by it's nearly perfect Trustpilot rating.

LendEDU Loan Specifics

Loan Specifics - 10 / 10

LendEDU is an online marketplace that matches top student loan lenders with applicants for competitive loan offers. Once the borrower selects an offer, they are redirected to the lender's website for the application. Most lenders have loan terms between 5 and 20 years, with fixed and variable rates that vary. Most lenders do not charge any fees, which is a plus.
Loan Types
Undergraduate
Graduate
Career Training
Parent
Loan Term
5, 10, 15, and 20 years
Interest Rates
Fixed
Variable
Repayment Options
Deferred
Fixed
Immediate
Interest-Only

LendEDU Qualifications

Qualifications - 9 / 10

Since LendEDU is not a direct lender, any qualification requirements will depend on the lender selected by the borrower.

LendEDU Customer Experience

Customer Experience - 8 / 10

LendEDU has comprehensive reviews and resources on student loans, which are useful for borrowers. Other services depend on the lender: some of the lenders LendEDU connects consumers with offer discounts and additional services.

LendEDU Company Reputation

Company Reputation - 9.7 / 10

LendEDU has a 9.8 out of 10 rating on Trustpilot, with 155 reviews, mostly positive, from former customers. Most customers praise how easy to navigate the site was. The company also has an accredited A+ rating with the BBB, but there are no reviews or complaints posted on the site.
Lender Type
Marketplace
Year Founded
2014
BBB Rating
A+
Number of BBB Positive Reviews
0
Number of BBB Negative Reviews
0
Trust Pilot Rating
9.8 out of 10
Date Collected
2018-03-28

Company Profile

Full Name
LendEDU Student Loans
Company Website
Headquarters
80 River St Ste 3c-2, Hoboken, NJ, 07030

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Customer Comments & Reviews

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M
Marcus F
Denver, Colorado
8/16/2017
This loan website was good and reasonable, but applying for the loan that I needed was both difficult and confusing. Being able to do what I needed without having any issues needs to be taken care of.



Our Partner
9.4 / 10
  • Get quick quotes with minimal information
  • Will not damage credit
  • Compare the best rates from multiple lenders
  • Excellent customer service
  • A+ with the BBB, 9.5 on Trustpilot