Another advantage of
Splash Financial loans is that you can refinance between $ 25,001 and $ 350,000 in debt - which is a lot more than a lot of other student loan refinance lenders allow.
Splash Financial loans are originated by PenFed Credit Union.
Splash Financial loans are available through an arrangement with PenFed Credit Union («PenFed»).
Not exact matches
Splash Financial, Inc. announced it is partnering with PenFed Credit Union to expand their student
loan refinancing options.
The calculation assumes an original
loan amount of $ 96,672 with a 10 - year term and a rate of 7.041 %, refinanced to a shorter, 5 - year term with a fixed rate of 3.50 % APR,
Splash Financial's lowest available 5 - year fixed rate as of 5/1/18.
Shashi Vohra, Executive Vice President of PenFed, said the company looks forward to the partnership with
Splash Financial and expanding its student
loan refinance market presence.
At
Splash Financial, we want you to be able to pursue both career and life goals without the constant worry of your student
loan debt.
PenFed will fund $ 350 million annually, allowing
Splash Financial to offer more options to borrowers interested in consolidating or refinancing their student
loans.
The calculation assumes an original
loan amount of $ 96,672 with a 10 - year term and a rate of 7.041 %, refinanced to a longer, 15 - year term with a fixed rate of 5.19 % APR,
Splash Financial's lowest available 15 - year fixed rate as of 5/1/18.
To view information about
Splash Financial's Residency and Fellowship
Loan refinance lender, click here.
To receive the offer, you must: (1) be refinancing over $ 30,000 in student
loans (2) register and / or apply through the referral link you were given; (3) complete a
loan application with
Splash Financial; (4) have and provide a valid US address to receive bonus; (5) and meet
Splash Financial's underwriting criteria.
Applications for
loans via
Splash Financial are submitted on websites maintained by our lending partners, and are subject to the terms and conditions and privacy policies applicable to those websites.
Splash Financial is a student
loan refinance lender that is focused on undergraduate students, graduate students, medical professionals doing residencies or fellowships, as well as fully qualified and practicing doctors.
Splash Financial Partners with PenFed Credit Union to Expand Student
Loan Refinancing Options
«We're excited to partner with the
Splash Financial team and to grow PenFed's existing presence in the student
loan refinance market.»
This
Splash Financial review examines the company's student
loan refinancing products.
For
Splash Financial, this partnership will enable it to expand beyond its medical fellows and residents niche to now offer extended options for college graduates interested in consolidating and refinancing their federal or private student
loans.
Refinancing your
loans to
Splash Financial means you can't qualify for Public Student
Loan Forgiveness (an option for many medical professionals who work in not - for - profit hospitals), but
Splash offers some peace of mind for borrowers.
Splash Financial is a relative newcomer on this list, but they are doing great things with medical school student
loan refinancing.
Right now,
Splash Financial charges a 3.50 - 5.44 % interest rate on their
loans.
If you're in medical school, residency, or just starting your career, refinancing your
loans with
Splash Financial could be a savvy move.
The autopay discount is not available while a borrower is in residency or fellowship, if the
loan is not in repayment, or when
Splash Financial is unable to successfully withdraw funds from the payer's bank account.
Splash Financial offers additional benefits to medical residency and fellowship students who wish to refinance their federal or private student
loan debt.
Founded in 2013,
Splash Financial, Inc., is a private student
loan refinancing company focused in the medical school
loans market.
Splash Financial is a smart option for medical residents who are in need of an alternative to paying the full amount due on their federal or private student
loan debt, or those who do not want to defer payments and incur interest accrual over time.
Splash Financial offers several benefits to its medical resident borrowers, the most prominent being a monthly payment on a new refinanced
loan as low as $ 1.
Similarly, Laurel Road, often referred to as the original resident refinance lender, offers
loans with fixed interest rates in the same range as
Splash Financial.
Splash Financial is not the only medical resident and fellowship student
loan refinancing company available today.