Unless you’re financially well-off from birth, there might come a time when you require a loan. That’s why we’ve simplified the process of exploring loan options from reputable lenders nationwide.
Splash works with options that meet different demands. In addition to student loans, especially for school students, there is also student loan refinancing and refinancing for medical students. For other cases, there are also personal loans. But today we’re going to talk about student loans.
How does Splash Financial work?
Let’s engage in some loan comparison. Explore loan offers from lenders throughout the United States, including exclusive options you won’t encounter elsewhere. In other words, this is how Splash works.
- Discover interest rates within a mere three minutes. Simply respond to a handful of straightforward questions to determine your eligibility.
- They prioritize the security of your data
- Rest assured, your confidential information remains strictly confidential with them.
- No impact on your credit score
Checking your rate is a swift and complimentary process that does not influence your credit history in any way.
Splash and Earnest
In the case of the Splash student loan, we’re talking directly about Ernest. When dealing with student loans, being discerning is a wise approach. Don’t settle for just anyone; opt for Earnest. They will assist you in discovering excellent, competitive rates for your student loans.
Adaptable terms tailored to your lifestyle. Earnest goes the extra mile by considering more than just your credit score to offer you competitive rates. They’re pretty awesome that way.
Education holds immeasurable value. However, why spend extra when you don’t have to? Take advantage of rates ranging from 4.42% to 15.90% Fixed APR†† and 5.89% to 16.20% Variable APR††
Versatile Choices Tailored to Your Requirements
- Enrolling in automatic payments with Earnest comes with a 0.25% interest rate reduction.
- Students have the flexibility to select from loan terms spanning 5, 7, 10, 12, or 15 years.§
- Earnest takes pride in its fee transparency, with no origination, prepayment, or additional payment fees.
- Qualified borrowers may be eligible for up to 9 months of grace period—an extension of three months beyond the national standard.‡‡
- Once the repayment period has commenced, you can opt to skip a payment once per year.‡
- In unfortunate circumstances such as death or total and permanent disability, Earnest will discharge all private student loans.
If you’re considering a student loan, it’s essential to be aware
Refinancing or consolidating both private and federal student loans might not be the right choice for everyone. Prior to securing a private student loan through Splash Financial, it’s advisable to explore all available options. Numerous federal loans offer specific benefits and payment plans that aren’t applicable to private loans obtained via Splash Financial. When you refinance a federal student loan through Splash Financial, you forfeit eligibility for those benefits.
Your educational institution does not endorse Splash Financial or its lending partners, and there is no affiliation between Splash Financial, its lending partners, and your school.
Fixed Rate choices vary from 4.96% APR (with autopay) to 10.24% APR (without autopay) and are contingent on application terms and degree level. The lowest rate, indicated with a 0.25% autopay discount, is applicable to the shortest loan term. Your loan’s APR may differ, and it might not offer various term lengths.
Final information
Rates are subject to adjustment without prior notice and may not be available in all states. The most favorable rates are reserved for the most creditworthy applicants. The actual rate hinges on factors like credit score, credit history, loan duration, and more. Late payments or additional charges could increase the fixed rate loan’s cost. There are no fees or penalties for early loan repayment.
Variable rate options range from 5.28% APR to 10.24% APR (without autopay). The lowest rate, which includes a 0.25% autopay discount, is applicable to the shortest loan term.
These rates are subject to supplementary terms and conditions and may be altered at any time without prior notice. Any modifications will apply solely to applications received after the effective date of the change. Variable APRs and amounts are subject to increase or decrease.
Variable rates are based on an index linked to the 30-day average SOFR index, with a margin added, rounded up to the nearest hundredth of one percent (0.01% or 0.0001). A variable rate loan’s interest rate comprises both an index and margin combined.
The BankAmericard Credit Card 
Grow Credit Mastercard: Your Path to Credit Building Success 
TD Double UpSM Credit Card: Maximizing Your Cashback Rewards