Site Minimum (FICO Credit Score) Min/Max Loan Loan Term Interest Rate Loan payment deferred until graduation Guarantee Borrower Fees Lender Fees
Student Loan Oriented
Fynanz.com 640 $2,500
up to $20,000
5-10 years 3.5% to 7.9% Yes Yes 2.9% - 6.9% upfront 1% annually
GreenNote.com None Required $1,000 up to total education cost 10 years starts at 6.8% Yes No .49% - 2% 1% annually
Mainstream
LendingClub.com 640 $1,000 up to $25,000 3 years 7.37% to 18.66% (ave. 12.3%) No No .75% - 2% 1% annually
Prosper.com 520 $1,000 up to $25,000 3 years 7.37% to 31.88% (overall ave. 26.1% AA-rated ave. of 13.4) No No 1% - 3% 1% annually
Others
VirginMoneyUS.com None required Up to 10 individual loans, each unlimited Determined jointly by
borrower and lender
No 199$ - 299$ plus $9 dollar per payment none