Laurel RoadReviews of laurelroad.com

For months over half of my salary had been drained from paying my education loans. And not just any loans - seven different loans, all with their unique, terrifying interest rates and terms, guaranteeing to drain me for the next five to twenty-five years of my currently quite underpaid and overworked life. I knew I had to refinance but was nervous about what options I would have with limited credit history and, after five years of college totally paid for by loans, an immense about of debt. I began reading articles on "Top 10 Banks to Refinance Your Education Loans," but one after the other the instant rates would fail to come through, or after filling in one or two lines about my salary and amount to be refinanced I would instantly get rejected. Laurel Road provided a different experience from the start. They asked for things that made sense, and gave me the impression that I was being seriously considered for a loan, and not just provided an answer as the result of an algorithm. Amongst documents related to the loans I was asked to provide a college transcript and recent paystubs, and this was really encouraging, as it made me feel that I was being considered as an individual. Within a week I was provided with an interest rate that was lower than all of those attached to the seven loans I was trying to consolidate. Customer service was available at every step of the way as I quite painlessly conducted my break from my previous loan servicer. And, as an added bonus, my already low interest rate became even lower once I agreed to automatic monthly payments. After so many failed attempts to simplify my life, it was a huge relief to finally get my loans under control. Now I can not only handle my payments and save money, but I am also able to pay ahead, which is hugely rewarding. I certainly recommend Laurel Road and am glad that they made it onto that article.

I had a parent plus loan with another company. Like a lot of parents I was prepared for our son’s education but enough is never enough. My wife and i have been blessed with jobs,and have always paid our bills. Somehow with this other company we were feeling trapped,pressured,and felt like we were never going to get this paid. We never missed a payment and we called several times to refinance, ask for a lower interest rate,years or life of Loan and several other options. We were turned away like we were at fault or never made any payments. After talking to Laurel Road I was at ease. I admit I was aggressive at first with Laurel Road because of my frustrations with this other company. I’m at peace now that I know the end is in sight. We have options and I feel better. Our son completed school Three years ago ,and we finally feel like he has now that this has been resolved. Thanks Laurel Road.

Excellent customer service, great rates, fast and easy process. Chat feature was very helpful. I am already recommending Laurel Road to my friends.

Was able to cut my interest rate in half which cut my monthly payments in half! Now i can effectively pay these loans off whereas before, money was only being applied to a small portion of several principal balances. Now i can just make 1 payment to 1 loan

Easy to submit and set up! love how there is an app for my phone

Laurel Road gave me far and away the best interest rate! Compared to other banks, no one even came close. Lowered my monthly payment and interest rate. Easy application and all questions answered within minutes of asking them.

Very easy process. Saved me a lot of money.

It wasn't all that straightforward trying to submit information for education. The customer service was good and was helpful in getting me through the process.