Compass bank is a large bank offering financial services to both corporate and individual customers in several states including Alabama, Arizona, California, Colorado, Florida, New Mexico, Pennsylvania and Texas. It is reported that compass provides student loans for degree-granting institutions.
Compass bank’s student loans are well designed for those who want to borrow smarter. The loans come with low interest rates, fast approvals and three different repayment options. So, you can pay for those college expenses not covered by federal loans or scholarships freely.
In details, there is no origination fees or prepayment penalty. The rates will range from 9.37% APR to 2.25% APR. Plus, if you make scheduled monthly payments by automatic debit, there is also an interest rate reduction of 0.25 percentage point. With a requirement of minimum amount of $1,000, you can borrow up 100% of your education cost.
Not sure if you are eligible? In a word, if you attend an eligible college and have been enrolled in an eligible program, you’ll be eligible to apply for the loans. Note that, the student college loans will be for both undergraduate and graduate degrees. Just click here to learn more!
- Site: www.bbvacompass.com
- Tel: 866-913-9167