CommonBond student loan refinancing details
The following are some very important facts that you might have to look out for before you begin an educatonal loan refinancing app which have CommonBond. Just as in all else pertaining to college loans, be sure to do your part of mining and you will inquiry on the education loan refinancing in advance of settling on people choice:
Positives and negatives
Several selections of loan words: Customers have a range of loan terms to choose from, viz. five, seven, 10, 15, or 20 years, depending on their convenience
Forbearance selection: Customers can conveniently postpone their payments. And are offered up to 24 months of forbearance over the duration of their loans. This way, customers can relax knowing that their loans will not fall into default in case of any sudden misfortunes or emergencies
Zero origination costs: Commonbond takes the edge when it comes to transparency. Customers are not charged any additional fees concerning obtaining a refinancing service on their student loans
CommonBridge Program: This innovative step taken by CommonBond is an effort to help customers who have lost a job to find a new onemonBond Woodland payday loans takes a calculated approach here, thinking that helping customers find a stable job will help them make considerable profit in the long run