What are the eligibility requirements for a private student loan?

Each lender has its own eligibility requirements. Generally, You must also have acceptable credit, attend a Title IV school at least half-time, meet an income requirement, and be a citizen or permanent resident of the United States.

If you can't meet those requirements independently, you'll likely need to add a cosigner to your loan application. Make sure your cosigner understands the risks of being added to the loan. Your cosigner will be obligated to make additional loan payments if you are unable to make your scheduled monthly payments. If you can't meet the eligibility requirements and don't have a cosigner to add to your loan, there are student loan lenders that student loans without a cosigner and student loans for international students.

LendKey is a private student loan lender that offers refinancing and consolidation options for both federal and private student loans. The company partners with community banks and credit unions across the United States to offer competitive rates and flexible repayment terms. LendKey offers both fixed and variable interest rate options, with rates starting as low as 1.90% APR. Borrowers can choose from repayment terms ranging from 5 to 20 years, with no origination fees or prepayment penalties. 

To be eligible for LendKey's student loan refinancing, borrowers must have at least $5,000 in student loan debt, a minimum credit score of 660, and a minimum annual income of $24,000. Borrowers must also be a U.S. citizen or permanent resident and have graduated from a Title IV accredited institution. 

LendKey (https://www.lendkey.comoffers several benefits to borrowers, including:

1. Competitive interest rates and flexible repayment terms
2. No origination fees or prepayment penalties
3. Access to a network of community banks and credit unions
4. Personalized customer support and loan servicing

Overall, LendKey (https://www.lendkey.com can be a good option for borrowers looking to refinance their student loans with a community-based lender that offers competitive rates and personalized customer service. However, it's important to carefully review the terms and eligibility requirements before applying for a loan.                     

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