SuperMoney 

Everence Private Student Loans

in Private Student Loans from Everence

Claimed Visit Site

Everence Private Student Loans

Claimed

in Private Student Loans from Everence

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend Everence Private Student Loans to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Fixed APR N/A
Variable APR 4.68% - 8.34%
Loan Amount Starting at $2,000

Everence Private Student Loans Review

Everence Private Student Loans is offered by Everence, a credit union founded in 1945 and based in Berne, IN. Everence Private Student Loans is offered in 50 states (and Washington, DC).

What rates does Everence Private Student Loans offer for in-school private student loan?

Everence Private Student Loans has a variable APR that ranges from 4.68% up to 8.34%.

Many students have little or no credit history when they start college. By having a parent or other creditworthy individual cosign the loan, the student may improve their chance of approval or qualify for lower interest rates.

How much can you borrow from Everence Private Student Loans?

Available loan amounts may vary by applicant but Everence Private Student Loans has a minimum loan amount of $2K

Does Everence Private Student Loans charge an origination fee?

No, Everence Private Student Loans does not charge a loan origination fee.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees..

Does Everence Private Student Loans charge prepayment fees?

Yes, Everence Private Student Loans charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.

What terms does Everence Private Student Loans offer?

Everence Private Student Loans provides repayment terms ranging from 5 to 20 years.

What type of borrowers will Everence Private Student Loans consider?

Everence Private Student Loans considers loans applications from:

  • undergraduate students
  • graduate students

What do you need to qualify for Everence Private Student Loans?

Applicants with a credit score of at least 650 and up to 850 are eligible for Everence Private Student Loans.

To qualify for private student loans with Everence Private Student Loans, applicants need a minimum annual income of $15,000 or higher. Everence Private Student Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

Only U.S. citizens can apply for a loan.

To qualify, applicants may need to provide the following documentation:

  • Proof of income
  • Proof of identity
  • Proof of citizenship or residence permit
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

Other Services by Everence

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

No Interest Grace Period for Late Payment 6
No Origination Fee  
Cosigner Optional  
Credit Score Range 650 - 850
Immigration Status Considered
  • U.S. Citizen
Minimum Annual Income $15,000
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Unemployed
Verification Documents Required
  • Proof of Identity
  • Proof of Income
  • Proof of citizenship/residence (Green Card)
Funding Time Range (in days) 1 - 7
Good Student Rewards  
Payment Options
  • Automatic Payments
  • Check by mail
  • Credit/Debit Card
Variable APR 4.68% - 8.34%
Loan Amount Starting at $2K
Loan Term 5 - 20 years
Up to Cost of Attendance  

Be the first to rate

 
 

Would you recommend Everence Private Student Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Private Student Loans