Figuring out how to pay for college is a daunting task. Private student loans are a great option, but with so many lenders to choose from, how do you know which one offers the best student loans for you?
We're going to give you a full review of Custom Choice private loans so that you can know if they are the right option for you when you apply for student loans.
CustomChoice is a great option for students who need flexibility with their financing. Unlike other private loan companies, CustomChoice lets you customize how you use your loans.
Need to pay for books? Your dorm room? Tuition? CustomChoice can cover whatever you need to support your education.
Here's a break down of private student loans from CustomChoice:
CustomChoice loans are easy to apply for and they only do a soft credit check, so you can find out how much you're eligible to receive without it affecting your credit score.
With CustomChoice, you can prequalify in minutes with a quick online application. The loans can cover up to 100% of your education costs, and they offer flexible repayment options.
They also offer support programs, so if your finances are impacted by job loss or a natural disaster, they won't charge late fees for missing or late payments.
CustomChoice allows co-signers, which makes you four times more likely to get approved. Your co-signer can be a parent or adult in good financial standing, and when you don't need them anymore they can easily be released from the loan.
Lastly, CustomChoice celebrates your achievements. When you graduate from your program, all loans get a 2% principal reduction.
CustomChoice does not offer loans to international students in America on a visa. They are also not available in Wisconsin, Iowa, or Arizona.
CustomChoice has four repayment options:
Making payments while you're in school will bring your costs down and get your loans paid off faster. If that doesn't work for your financial situation, deferred payments are still a great option.
Are CustomChoice loans the best private student loans for you? If you're looking for flexibility and complete coverage, they are a great option.
However, it's always good to compare multiple lenders. Check out our reviews of other private student loan companies here.