Laurel Road Student Loan Refinancing Review

If you want to learn more about Laurel Road student loan refinancing, this review will teach you everything you need to know. Laurel Road is a top lender to refinance student loans, including both federal student loans and private student loans. Laurel Road will refinance student loans for doctors and dentists and offers some of the lowest rates and most flexible loan terms.

In this complete review, we will discuss:

• Laurel Road student loan refinancing: Rating
• Laurel Road student loan refinancing: Pros and Cons
• Laurel Road student loan refinancing: Overview
• Laurel Road student loan refinancing: Details
• Is Laurel Road student loan refinancing right for you?

Laurel Road student loan refinancing: Rating

Best For: Laurel Road is best for doctors and dentists who want to refinance student loans while in residency.

Laurel Road student loan refinancing: Pros and Cons

Pros:

• Ability to refinance student loans while in medical or dental residency
• Refinance Parent PLUS Loans in your name
• Student loan refinancing available in all 50 states, Washington, D.C. and Puerto Rico

Cons:

• Cannot postpone student loan payments if you return school

Laurel Road student loan refinancing: Overview

Laurel Road is a leading lender for student loan refinancing and is based in Connecticut. Laurel Road refinances both federal and private student loans. Laurel Road focuses on borrowers with excellent credit, including doctors and dentists. Laurel Road has flexible repayment options, low rates, no application fees, no minimum income requirement and is available in all 50 states plus Washington, D.C. and Puerto Rico. Laurel Road is owned by Key Bank.

Advantages of Refinancing With Laurel Road

Here is what we like about Laurel Road:

• Laurel Road will temporarily pause your student loan payments for up to 12 months if you lose your job or face other financial hardship.
• You can refinance Parent PLUS Loans, even if your child did not graduate.
• Co-signer release is offered after 36 months of on-time payments

Drawbacks of Refinancing With Laurel Road

Laurel Road can improve in these key areas:

• Offer more than 12 months of forbearance.
• Refinance student loans for borrowers without a degree.

Laurel Road student loan refinancing review: Details

How to refinance student loans with Laurel Road:

You can check your new interest for free in two minutes with no impact to your credit score. If you like your interest rate, you can apply online to refinance your student loans with Laurel Road. The application takes about 10-15 minutes to complete.

Is Laurel Road student loan refinancing right for you?

Laurel Road may be right for you if:

• You have a good credit score
• You have stable and recurring monthly income
• You are a dentist or doctor with a high student loan balance
• You want a lower interest rate
• You have Parent PLUS Loans and want a lower interest rate, even if your child did not complete a degree

Laurel Road is a great option for borrowers who want a lower interest rate and want to refinance federal student loans, private student loans or both. Laurel Road has low rates, flexible repayment options, and no origination or application fees. With Laurel Road, you can pay off student loans with no prepayment penalties. You can also refinance student loans to remove a co-signer. To qualify, you will need a good credit score and stable monthly income. However, you can also qualify if you are a doctor or dentist in residency, or if you’re in your year of college. Finally, Laurel Road refinances Parent PLUS Loans, including if your child did not complete a degree.