If you are worried that using a cosigner will lock them in on your student loans you don’t need to worry. With Ascent’s Cosigned Loan, they offer the ability for a cosigner release after just 24 months of consecutive payments.
Unique Repayment Options
When you get a loan with Ascent Cosigned Loan, they offer the borrower a few unique options for paying back their loans including; interest-only, deferred payment, and $25 minimum payment. Check out their disclaimer for more info.
No Fees + Auto Pay Discount
When working with Ascent using their Cosigned Loan, they offer no fee which includes the following; No origination, disbursement, or loan application fees. Also, when you enroll in autopay you get a %0.25 discount toward your monthly payment.
Getting to know Ascent Cosigned
Welcome to Ascent Student Loans. Ascent offers two great private student loan options to help you go to college for the first time or allow you to finish out your last couple of semesters. On this page, we will be breaking down the Ascent Cosigned Loan product they offer. A Cosigned Loan is a private student loan that requires the use of a cosigner. This loan is essentially designed with your family in mind and makes it easy for almost anyone to be able to acquire a loan from Ascent assuming you meet the minimum requirements which we will touch on later along with your cosigner. With this in mind, Ascent allows you to essentially customize your loan to fit your needs.
Ascent Cosigned Loan offers competitive rates for both fixed and variable interest rates for their loans. They also offer a cosigner release after 24 months of consecutive payments on your loans. Ascent Cosigned Loan has one of the lowest loan minimums of just $2,001.00 and goes all the way up to $200,000.00 (aggregate) if needed. They also provide you with flexible repayment terms of 5, 10, or 15-year repayment options (Variable rates are not offered at the 15-year term). They also offer unique repayment options that you may not find with other private student loan lenders. One option they offer is In-School interest-only payments. This means that you will only pay for interest while you are in school, then start paying the interest + principle after you have completed school. The other option they have is Deferred Repayment, which allows you to defer payments up to 6 months after leaving school. Finally, Ascent now offers a 1% Cash Back Reward upon satisfaction of certain terms and conditions. If you are curious about what a repayment option would look like, check out this super helpful link they offer: Ascent Cosigned.
As you can see from some of the highlighted information above, Ascent really does stand out when it comes to private student loans. They have some key features which may sway you in the direction of taking out a loan with them items such as; auto pay discount when using automatic debit, no origination, disbursement, or loan application fees just to name a few of the many outstanding features they offer.