Advantage Reviews, Complaints & Lawsuits

Beyond our very own results, we and additionally gathered many really informative buyers feel i discover it, including people instances of suit resistant to the business where the facts turned public.

Advantage Online Ratings

Few Advantage customer reviews are readily available on public forums. We included the material we found here for its value as unedited, uncensored, and unsolicited user experience. Note that reviews are unproven, are priced between inaccuracies, and may provide dated pointers (about rates, bonus offers, etc.).

“Don’t Recommend. If it wasn’t for me calling I wouldn’t have heard anything back, over a months time of calling them at least weekly, everyone I talked to HAD NO knowledge of my loan application. And there was always a new issue that I wasn’t informed about or had already previously fixed…… and it had been confirmed that the issues was fixed by an employer. This company is a waste of time and I do not recommend. It took me way over a month to receive the information that I needed and that was with my loan being “rushed” due to the issues they had made.” – Elizabeth Weaver on Facebook, 9/

“Hi individuals, We owe regarding the $80k a number of private figuratively speaking and was able to refinance an average of 7% interest to 5.12% with a co-signer through Advantage Education Loans.

My personal grace months is actually ending, I’ve a beneficial $900 commission due using my early in the day bank from inside the 5 days but the new lender won’t be disbursing finance until . What are the results basically result in the fee? Do I get the fresh new $900 right back both from the very first or latest lender? Ought i name to see if I am able to postpone my personal percentage and how tough could it be to slow down they to possess an excellent times?” – disnalio on reddit, 12/1/2018

“Simply today I got acknowledged because of Virtue Degree Loans. But based on the loan terms, I’ll be paying significantly more over the life of the loan.

I was acknowledged getting 15 season installment 7.5% (fixed) attention. This would slashed my monthly bill in two (regarding $680 right down to $340). However, according to my data – I would be spending throughout the $eight,one hundred thousand additionally living of the mortgage because of the improved installment title.

We have tested the advantages & cons – I do not including the concept of purchasing $eight,one hundred thousand far more, nonetheless it perform naturally build my personal month-to-month obligation so much more manageable. I might manage to lay some funds towards the deals, and/otherwise shell out most to my money.

Basically, I’m as though my quality of life often significantly boost in the event that I will pay my expense conveniently – and this may not be the way it is easily have to consistently bring Sallie Mae $680 per month.” – dyl20 on reddit,

Advantage Consumer Problems

Since user finance companies, student loan refinancing loan providers belong to the new jurisdiction of the Individual Monetary Cover Bureau (CFPB), a national company. As an element of their mission, the latest CFPB allows customers to diary formal complaints. These types www.tennesseetitleloans.org/cities/erin/ of grievances was in public on brand new CFPB specialized webpages.

Since the , people has recorded zero (0) complaints especially about Advantage Training Funds (Advantage) education loan activities or refinancing to the CFPB.

In this exact same months, users filed 113 grievances about Virtue moms and dad team Kentucky Degree Guidance Expert (KHEAA); that’s approximately comparable to you to (1) issue all the four (4) weeks, that’s 113.5% greater than the typical each and every day issue price one of analyzed loan providers.

In 2019, KHEAA gotten thirteen grievances, that’s equal to one to (1) grievance each $step 1.74 billion you to definitely year’s corporate money. Users filed (1) ailment for every single three (3) personnel.