Reunion Student Loan Finance Corporation, or RSLFC, is a well-respected student loan financier with over 40 years of experience in student lending. It claims to offer personalized customer service and has loan programs funded by community banks.
Why get a student loan from Reunion Student Loan Finance Corporation?
This lender has some unusual offers that make it quite appealing. The flexible repayment plans are based directly on your income, so you shouldn't find yourself overwhelmed when trying to keep up with your payments.
What student loans does Reunion Student Loan Finance Corporation offer?
You can refinance your current loan or take out a new one. Unfortunately, it only offers its services to those in either Maryland, Pennsylvania, West Virginia, or Virginia.
Student loan refinancing information (July 2020)
You don’t need to have graduated to refinance your loan, but you’ll need to have two years of positive credit history to apply.
Fixed rates from: | 4.00% - 8.00% |
Variable rates from: | 5.13% - 10.13% |
Loan repayment terms: | 5, 8, 12, or 20 (Years) |
Loan amount: | $10,000 to $250,000 |
Private student loans
When taking a new loan out, you can do a soft credit check to see what interest rate you’ll be offered without having to commit to anything. The rates are flexible, but there are no fixed interest rates available, and the only term you can take is for 20 years.
More about rates and fees of Reunion Student Loan Finance Corporation’s loan options ( july 2020)
There are some extra costs with the loans at RSLFC, which are as follows:
Fixed rates from: | Not Available |
Variable rates from: | 5.13% |
Application fee: | Yes but not defined |
Origination fee: | Yes but not defined |
Disbursement fee: | None |
Late fee: | 5% of the past-due amount or $10 (the least) |
Returned payment fee: | Not stated |
Prepayment penalty: | None |