3Earnest offers personal loans with interest rates that are based on the borrowers’ financial profile. It offers student loan refinancing, parent refinancing, and personal loans. In this article, we cover Earnest reviews and pricing. Ready to get started? Visit its website.
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Summary of Positive Earnest Reviews
Users who gave Earnest a positive review said that the loan application process was quick and easy. They also added that the customer support team was helpful enough to respond to their inquiries.
One user who gave Earnest a positive review on Trustpilot said that his application for his student loan refinancing did not require him to have a cosignatory which helped expedite the process. He also added that the customer support team was able to assist him in navigating through the platform.
Summary of Negative Earnest Reviews
As of March 2019, there are very few negative Earnest reviews online. However, some users said that there are frequent mobile app downtimes.
Earnest pricing depends on interest rates for its three loan types: Student Loan Refinancing (starts at 2.55%), Parent PLUS Refinancing (starts at 2.55%), and Personal Loans (6.99%). Personal loans range from $5,000 to $75,000. Up to 0.25% interest rate can be reduced for payments on AutoPay (automatic electronic payment).
|Student Loan Refinancing|
|Parent PLUS Refinancing|
Ready to get started with Earnest? Visit its website.
Check out the list below of some of Earnest’s features:
- Refinance student loans
- Parent PLUS refinancing
- Personal loans
- Financial profile-based rates
- Loan calculators
What are the eligible reasons for personal loan applications?
Personal loans are offered for various purposes such as credit card consolidation, home improvement, wedding, honeymoon, unaccredited education programs, and security deposits.
How long does it take for Earnest to release loaned funds?
Earnest can release loaned funds within a total of six to 12 business days. The first five to 10 days include processing the request and requesting additional information if necessary. Once approved, the funds will be transferred within one to two business days.