LendKey Student Loans vs CommonBond Student Loans

LendKey is a good option for customer service. How does it compare to CommonBond? Read our comparison chart below.

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.

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

	LendKey Student Loans	CommonBond Student Loans


	SPECIAL OFFER Refinance Student Loans - Learn More Read LendKey Review	OFFER Refinance Student Loans - Learn More Read CommonBond Review
	Benefits and Features
Variable APR	2.51% to 7.51% (with AutoPay)	4.44% – 8.09% APR (with AutoPay)
Fixed APR	3.49% to 7.54% (with AutoPay)	4.49% – 7.74% APR (with AutoPay)
Minimum Amount	$7,500	$5,000
Maximum Amount	$300,000	Up to $500,000
Loan Term	5 to 20 years	Flexible repayment options
State Residency	Most states except: ME, ND, NV, RI, and WV	Most states with the exception of: MI and NV
Degree Requirements	Bachelor's or higher	Associates or higher
Income Requirements	$24,000	None
Employment Requirements	Must be employed	Must be employed or have an offer
Interest Only Payments	Yes for the first 4 years	No
Origination Fees	None	None
Prepayment Penalty	None	None
Can Use a Cosigner	Yes	Yes
Can Release a Cosigner	Yes	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: 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	Pros: Hybrid program Payment protections Social mission Cons: Not available for all states Long process to approval
Bottom Line	Good option for customer service... Read full review	Community-focused lender with unique hybrid rate option... Read full review

	Refinance Student Loans	Refinance Student Loans
		Terms Apply. CommonBond Disclaimers
LendKey: Pricing information from published website as of 11/15/2018 CommonBond: Pricing information from published website as of 6/19/2019

Refinance Student Loans

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Which is Better: LendKey or CommonBond?

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

In short: LendKey's customer service is worth mentioning. CommonBond's ease of use and payment flexibility are notable. In particular, the payment flexibility is excellent.