Laurel Road Student Loans vs LendKey Student Loans

Laurel Road is a good option to maintain your federal loan grace period. How does it compare to LendKey? 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 LendKey connects borrowers with a network of community banks and credit unions to get the best rates. Lendkey's lenders offer both private student loans and refinancing & consolidation services. Many lenders offer the option to make interest-only payments during the first four years. Each lender has its own minimum loan and salary requirement.

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

	Laurel Road Student Loans	LendKey Student Loans
		SPECIAL OFFER Refinance Student Loans - Learn More Read LendKey Review
	Benefits and Features
Variable APR	2.99%-6.42%	2.51% to 7.51% (with AutoPay)
Fixed APR	3.5%-6.99%	3.49% to 7.54% (with AutoPay)
Minimum Amount	$5,000	$7,500
Maximum Amount	No maximum	$300,000
Loan Term	5 to 20 years	5 to 20 years
State Residency	All states eligible	Most states except: ME, ND, NV, RI, and WV
Degree Requirements	Bachelor's or higher	Bachelor's or higher
Income Requirements	None	$24,000
Employment Requirements	Must be employed or have an offer	Must be employed
Interest Only Payments	No	Yes for the first 4 years
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
Customer Service
Loan Term
Ease of Use
Interest Rates
Payment Flexibility
Pros & Cons	Pros: 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: Offer interest rate reduction beyond auto-debit reduction Excellent customer service Return policy within 30 days you can return your loan Cons: Cumbersome application process Lack of transparency regarding loan documents
Bottom Line	Good option to maintain your federal loan grace period... Read full review	Good option for customer service... Read full review
		Refinance Student Loans
Laurel Road: Pricing information from published website as of 03/18/2018 LendKey: Pricing information from published website as of 11/15/2018

Which is Better: Laurel Road or LendKey?

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 CommonBond.

In short: Laurel Road's ease of use and payment flexibility are noteworthy. In particular, the ease of use is impressive. LendKey's interest rates is outstanding.

Articles on Laurel Road Student Loans

Laurel Road
If your student loan interest is too high, consider refinancing with Laurel Road. But wait. Read this review to learn how it works and what to watch out for.
• Laurel Road vs SoFi
• Laurel Road vs Earnest
• Laurel Road vs CommonBond

Articles on LendKey Student Loans

LendKey
Saving thousands of dollars on your student loans sounds perfect, and that's just what LendKey promises. Is it the real deal, though?

Which Do You Think is Best?

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Best Student Loan Refinance
What is the best company to refinance student loans? Read this guide to compare interest rates and find out if it's a good idea.

Should You Consolidate Your Student Loans?
Consolidating your student loans may lower your payments. But is it always a good idea? Learn the pros and cons of student loan consolidation and refinancing.

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	How Much Will My Student Loan Payments Be The average student loan debt in the United States is around $35,000. But the type of loan, interest rate, and other factors will determine how much they'll actually cost. Keep reading for an estimate of how much you can expect to pay each month.

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