How I came up with this list

How I came up with this list

CommonBond offers the usual fixed rate and variable rate loans. But they also offer what they refer to as a hybrid loan . Under this program, your loan is fixed for a portion of the repayment term generally the first five years then becomes a variable rate loan based on the one-month LIBOR index. The loan is designed to reduce the uncertainty of a variable rate loan by maintaining constant payments good site for the first few years.

To come up with this list of the best student loans of 2020, I used the following criteria in evaluating each lender:

  • Loan terms. The longer the loan term available, the lower the monthly payment will be on any student loan.

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