iHELP Private Student Loan
in Private Student Loans from iHELPUnaffiliated
iHELP Private Student LoanUnaffiliated
in Private Student Loans from iHELP
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|Community Rating||Mostly recommended|
|Variable APR||3.89% - 9.32%|
|Loan Amount||$1,000 - $150,000|
iHELP Private Student Loan Review
iHELP Private Student Loan is a private student loan offering by iHELP, a lending platform based in Aberdeen, SD. Founded in 1978, iHELP offers student loans in 50 states (and Washington, DC).
What rates does iHELP Private Student Loan offer for in-school private student loan?
iHELP Private Student Loan has a variable APR that ranges from 3.89% up to 9.32%.
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 iHELP Private Student Loan?
Available loan amounts may vary by applicant but iHELP Private Student Loan has a minimum loan amount of $1,000 and offers loans up to $150,000.
Does iHELP Private Student Loan charge an origination fee?
No, iHELP Private Student Loan 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 iHELP Private Student Loan charge prepayment fees?
No, iHELP Private Student Loan does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
What terms does iHELP Private Student Loan offer?
iHELP Private Student Loan provides repayment terms ranging from 10 to 20 years.
What type of borrowers will iHELP Private Student Loan consider?
iHELP Private Student Loan considers loans applications from:
- undergraduate students
- graduate students
What do you need to qualify for a loan with iHELP Private Student Loan?
iHELP Private Student Loan doesn’t disclose its credit score minimum. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
Note that borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.
Borrower or cosigner must have a minimum income of $24,000 to qualify. iHELP Private Student Loan only considers borrowers who are employed.Only U.S. citizens and permanent residents can apply for a loan.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|Grace Period for Late Payment||6|
|No Origination Fee|
|No Prepayment Fee|
|Immigration Status Considered||
|Minimum Annual Income||$24,000|
|Employment Statuses Considered||
|Variable APR||3.89% - 9.32%|
|Loan Amount||$1K - $150K|
|Loan Term||10 - 20 years|