LendKeyReviews of lendkey.com

LendKey poorly represents the underwriting creditability of major credit unions that are advertising low private student loan rates online. I've never had an issue qualifying for the lowest advertised rates ever on any type of credit loans but for some unexplainable reason I can't through LendKey's underwriting specialists even with an 800+ credit score and making over 6 figures a year. I've been in the lending business for a long time so if you have excellent credit and great income save yourself from making a credit inquiry on your credit because LendKey won't honor the credit unions advertised low rates since they make the final loan decision.

Quick, easy, and effective. All I had to do was fill out the applications and send it the proper documents. They were able to cut my term in half, lower my APR by 3.5%, all while keeping my payments the same

Lendkey consolidated my loans at a lower interest rate. The transition from my previous private loan provider was seamless and easy. I’m thankful!

Great company, easy to apply. I would give them 5 stars but the process is slightly lengthy.

LendKey was an excellent choice for me, they provided an ease of comparing loan rates, clear application, and great communication via email through the process.

When I refinanced, I initially accepted with LendKey because I was under the impression it was a fixed rate. Turns out that was not correct and now it has been steadily increasing every three months, I am not in the double digits of interest rates when I only accepted this refinancing because of the lower interest rates than my previous loan. Over the first year with them I paid over $12,000 and my loan only decreased by $3,000. Recently, I returned to school and went to request an in school deferment. The only option they provide is a forbearance which can only take place up to 18 months (shorter than the period I will be in school), and you are still expected to make some kind of monthly contribution to the loan. I feel as if though it will be impossible to pay off this loan ever with the continual increases in rates. I left Sallie Mae for this company because I thought the experience would be better, I was wrong.

I had a bill due, and no notice was given. I got a call from a rep, but they wouldn't even say what it was regarding and just ask for sensitive information with no guarantee who it was. I sure hope this isn't how you regularly conduct business. I would expect a call and an explanation, but won't hold my breath.

LendKey was great. Any time I called for clarification, my call was answered quickly and the representatives were very helpful. I've been trying to refinance my student loans for years and the rates have either been higher than I already paid or I was declined due to the size of my loans. How are you supposed to lower your debt if the rates are impossibly high? LendKey was amazing and now I can make some real headway.