Top Companies that Provide Student Loans:
(rated on a scale of 1 to 10, 10 being the best)
1. Nelnet: 9.85
2. Citi Bank: 9.73 3. Next Student: 9.57 4. Chase: 9.40 5. US Bank: 9.38 6. Citizens Bank: 9.25 Student Loan Network: 9.23 8. Wells Fargo: 9.10 9. Sallie Mae: 8.90 10. MEFA: 8.77 |
These rankings are based off of the features provided by each company, the quality and amount of help and support they provide, the different loan types, and the different payment options. These topics were looked at carefully and the ranking was provided by http://student-loans-review.toptenreviews.com/ who also provided the chart below.
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Reviews of the Companies:
Nelnet Review: SO far all the customer service reps have been more then helpful, courteous, and polite. I have had to defer and lower my payments due to lower income levels then normally expected. I have never had a problem - hopefully in 15 years I won't regret the decisions I made now due to improper information. But so far so good.. no regrets and have been super easy to deal with.
NextStudent: Located on NextStudent's website is a comprehensive list of frequently asked questions. In many cases, the same questions and thoughts are going through parents' minds, and NextStudent has posted and answered many of those common questions. This allows you to quickly visit the website and find the answer to your question without having to contact a customer service representative. This can save you a lot of time, especially when you're just in the beginning phases of researching and trying to select a great online student loan company.
Chase: Chase Student Loans offers something most other online student loans don’t offer – the ability to make payments via the web, without fees. Customers can also enroll in the autopay program, which helps out a lot if you’re the kind of person who forgets when payments are due. The money is automatically deducted, helping you avoid late fees and penalties. It’s not indicated on the site whether or not you have the ability to pay by phone – and the loan must have a term of 25 years.
Citizens Bank: Citizens Bank Student Loans is a competitive company, dedicated to customers and the quality of service they provide. There are a few things not offered by this company, but it’s a great company to move forward with when you’re ready to start the student loan process.
Wells Fargo: Wells Fargo is very competitive in this area. They offer graduate and undergraduate loans as well as assistance with federal loans and private loans. They even offer loans for parents of students and options for loan consolidation. For the student trying to obtain funding, these options are wonderful.
NextStudent: Located on NextStudent's website is a comprehensive list of frequently asked questions. In many cases, the same questions and thoughts are going through parents' minds, and NextStudent has posted and answered many of those common questions. This allows you to quickly visit the website and find the answer to your question without having to contact a customer service representative. This can save you a lot of time, especially when you're just in the beginning phases of researching and trying to select a great online student loan company.
Chase: Chase Student Loans offers something most other online student loans don’t offer – the ability to make payments via the web, without fees. Customers can also enroll in the autopay program, which helps out a lot if you’re the kind of person who forgets when payments are due. The money is automatically deducted, helping you avoid late fees and penalties. It’s not indicated on the site whether or not you have the ability to pay by phone – and the loan must have a term of 25 years.
Citizens Bank: Citizens Bank Student Loans is a competitive company, dedicated to customers and the quality of service they provide. There are a few things not offered by this company, but it’s a great company to move forward with when you’re ready to start the student loan process.
Wells Fargo: Wells Fargo is very competitive in this area. They offer graduate and undergraduate loans as well as assistance with federal loans and private loans. They even offer loans for parents of students and options for loan consolidation. For the student trying to obtain funding, these options are wonderful.