CreditDonkey is a student loan comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†







Laurel Road Student Loans vs CommonBond Student Loans

Laurel Road is a good option to maintain your federal loan grace period. How does it compare to CommonBond? Read our comparison chart below.

Laurel Road offers some of the most competitive refinance rates. There is no cap on the amount you can refinance, so it's a good choice for professionals who got a MBA, medical, or law degree. Minimum $5,000 in loans to be eligible.

While CommonBond is a student loan refinance provider focused on community. It has a strong community that hosts networking events and career assistance. In addition, it has a social mission to fund the education of global students in need. CommonBond offers both fixed and variable rate loans, as well as a hybrid loan. Minimum $5,000 in loans to be eligible.

Compare Laurel Road with CommonBond, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Laurel Road Student LoansCommonBond Student Loans
 Learn MoreLearn More
 

Laurel Road Student Loans

CommonBond Student Loans

SPECIAL OFFER
Refinance Student Loans - Learn More

Read CommonBond Review

 

Benefits and Features

Variable APR
2.99%-6.42%
2.43% to 6.59% (with AutoPay)
Fixed APR
3.5%-6.99%
3.49% to 8.07% (with AutoPay)
Minimum Amount
$5,000
$5,000
Maximum Amount
No maximum
Up to $500,000
Loan Term
5 to 20 years
5 to 20 years; Hybrid loans are 5 years of fixed payments and 5 years of variable payments
State Residency
All states eligible
All states eligible
Degree Requirements
Bachelor's or higher
Associates or higher
Income Requirements
None
None
Employment RequirementsMust be employed or have an offerMust be employed or have an offer
Interest Only Payments
No
No
Origination Fees
None
None
Prepayment Penalty
None
None
Can use a cosigner
Yes
Yes
Can release a cosigner
Varies case by case
Yes
Auto-Pay Interest Rate Reduction
Yes
Yes
Soft Credit Check
Yes
Yes
Unemployment Protection
Yes
Yes
 

CreditDonkey® Reviews

 Laurel Road Student LoansCommonBond Student Loans
Customer Service
Loan Term
Ease of Use
Interest Rates
Payment Flexibility
Pros & ConsPros:
  • Low repayment options for medical residency
  • Keep federal grace period
  • Forgiveness is available due to disability
Cons:
  • No mobile app
  • Forbearance options are on a case-by-case basis
Pros:
  • Hybrid program
  • Quick process - once approved funds will pay your loans within 2 weeks
Cons:
  • Your state eligibility may restrict options
  • Long process to approval
Bottom LineGood option to maintain your federal loan grace period... Read full reviewGood if you want to switch between variable and fixed rates... Read full review
 Learn MoreLearn More

Refinance Student Loans

What Others View

    Laurel Road: Pricing information from published website as of 03/18/2018

    CommonBond: Pricing information from published website as of 6/19/2019

    Which is Better: Laurel Road or CommonBond?

    Still need help deciding which student loans is better? Read the in-depth reviews below. You may also be interested in comparing Laurel Road or SoFi.

    In short: Laurel Road's customer service is noteworthy.


    Articles on Laurel Road Student Loans


    Articles on CommonBond Student Loans

      CommonBond Reviews

      CommonBond offers competitive rates for student loan refinance along with a strong social mission. Is it right for you? See the pros and cons.

    Which Do You Think is Best?


    You Might Also Like


    Compare Laurel Road to:


    You might also be interested in

    Medical School Loans

    Medical school can lead to a lucrative career as a doctor. But the price tag is pretty steep. Read on to learn how you can afford med school without risking your financial future.

    Compare CommonBond to:


    Next Page:

    About CreditDonkey®
    CreditDonkey is a student loan comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

    Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

    †Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

    *See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

    CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.