Lend-Grow Inc. Student Loan Refinance Review
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Lend-Grow is an online loan marketplace that connects consumers to harder to find lenders, big and small. Founded in 2019, the company’s main goal is to create an online “ecosystem” of equal opportunity, where local lenders are just as well represented as large financial institutions. The company uses data from all types of lenders and from credit unions to provide users with the best deal for them; whether they want to lower their monthly payment or get a lower interest rate.
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Rates as low as 1.80% APR (variable) & 2.15% APR (fixed)
- Receive prequalified offers with no impact on your credit score
- Get offers from harder-to-find lenders who typically offer better rates
- Autopay discount of .25% APR
- No origination or pre-payment fees
The company is committed to working with local, hard-to-find lenders that would otherwise not have a spot in online marketplaces. To that end, they claim that they do not don’t rank lenders based on commissions or fees. This, in turn, helps consumers, as small lenders tend to have more competitive interest rates than large banks. .
We recommend Lend-Grow to any consumer who is looking to refinance their student loans at very affordable rates and don’t mind their loan may be funded by a small institution. However, given that the company launched just two years ago, we advise that applicants look for additional information on the individual lenders they intend to contact.