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[Loans] CommonBond Reviews

CommonBond
CommonBond is a financial technology company on a mission to make student loans more transparent, simple, and affordable. Combining competitive rates and award-winning customer service for MBA students, CommonBond has created a better borrowing experience – and funded over $1 billion in student loans for tens of thousands of members. CommonBond is the first, and only, finance company with a "one-for-one" social mission: for every loan it funds, CommonBond also funds the education of a child in need, through its partnership with Pencils of Promise.  And with our ten year fixed-rate MBA loan (at 6.25% APR), you could save over $8,000 vs the current Federal Grad PLUS loan, no cosigner needed!
 

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August 17, 2019
Dmf5187

Joined: May 22, 2018

Posts: 3

Kudos: 7

Verified score:
730 Q47 V44

Easy application & competitive offer

REVIEWER IDENTITY VERIFIED by score report [?]

The application process for CommomBond was quick and easy. I submitted my app and received my rate offer almost immediately. I also did not need a cosigner to get a pretty great rate, which wasn't the case with some other private lenders like Citizens or Discover. I didn't end up going with CommonBond because I received a lower rate elsewhere, but their support for cancelling the loan was great. The agent even offered to do a competitive offer on the rate which I appreciated. Everything was cancelled and taken care of over the phone easily and support staff was knowledge and friendly.

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