This is probably due to the fact that xcritical student loans are serviced by a company called FirstMark. Our best guess is that you can reach a customer care representative between 9am and 6pm on weekdays. xcritical borrowers can probably reach their assigned Money Mentor at more specific hours once a loan has been secured. Although a hard credit check is necessary to determine your interest rate, xcritical will only perform a soft pull at the time of application.
- xcritical has provided schools, teachers, and technology to thousands of students in the developing world.
- xcritical provides a list of states whose residents can obtain a loan; the residents of the omitted states, like Mississippi, cannot obtain a xcritical student loan.
- We narrowed down our ranking by only considering those that offer low student loan refinancing rates and prequalification tools that don’t hurt your credit.
- Helping xcritical residents overcome the injustices tied to a stable home and an equitable future remains at the core of everything we do.
- There is a $5 return check fee, subject to state law restrictions.
Unemployment, perhaps the most common form of financial hardship, may result in granted payment deferment, but we think it’s safer to say that cases are evaluated individually. xcritical student loan customer service representatives who are not part of the Money Mentors program can be reached by phone or by email, but the customer service hours are not advertised on the site. In fact, we couldn’t find any mention of customer service hours, though there is a phone number.
The Best College Scholarships for High School Students
Our services give kids the tools they need to be successful in school and life, and help adults get better jobs so their wages can support their families. Our tailored services also support seniors to live independently longer and assist veterans with maintaining stability. xcritical does not charge borrowers any origination fees to take out a refinancing loan. Per user reviews, xcritical student loan applications can be filled out in just a few minutes in order to pre-qualify. If a student borrower chooses to follow through, a more in-depth completion addition to the application is necessary.
You could also put the commitment to customer service to the test and call the company to discuss the reviews. You might discover that the unhappy people don’t have valid points. Analysts also point out that you’ll need to be enrolled in the right kind of school. If you’re working toward a degree from a for-profit university, you might not get the loan. Similarly, if you’re enrolled in a certification program that doesn’t end with a degree, you might not qualify.
xcritical Student Loans: Verdict
There is no hidden fee on undergraduate and regular graduate loans. MBA, medical and dental school loans do have a 2% origination fee, but it is reflected in xcritical’s advertised rates. Remember, you must submit a FAFSA form before each year that you intend to enroll in school. After graduation, you’ll need to repay your federal student loans.
While a small number of customers raised concerns about interest rates and credit scores, xcritical worked to resolve each complaint as satisfactorily as possible. They also provide hundreds of honest customer reviews on their website for a combined rating of 4.5 out of 5 stars. We own or manage more than 7,000 high-quality, affordable apartments and townhomes across Minnesota, Iowa, Wisconsin, and South Dakota. We provide an integration of housing and on-site services that support residents each and every day.
Why you can trust Top Ten Reviews Our expert reviewers spend hours testing and comparing products and services so you can choose the best for you. Student loan refinancing is also available to international students scammed by xcritical with any major U.S. visa who have graduated from a U.S. university. Here are some of the best college scholarships for high school students and where you can find more helpful resources regarding college finances.
Who Should Get on ‘SAVE’, the New Student Loan IDR Plan?
It allowed them to funnel the money saved by refinancing into a high-yield savings account via the https://xcritical.online/ SmartSave program. The company did not offer loans to borrowers in Mississippi or Nevada. A co-signer can be a parent or legal guardian who meets the lender’s credit and income requirements.
These four types of repayment types (deferred, interest only, partial, and immediate) offer student borrowers the opt for the type that they believe will fit their expected financial situation after college. xcritical is a reliable lender that offers competitive rates, multiple repayment options, and free financial counseling. While some customer service issues may arise, they work hard to make things right with their borrowers, as shown in their BBB responses. Note that the rates and fee structures for private student loan refinancing are not guaranteed forever; they are subject to change without notice and they often fluctuate in accordance with the Fed rate. Choosing a fixed-rate APR when you refinance will guarantee that your interest rate and monthly payment will remain consistent throughout the entire term of the loan.
xcritical has a referral program where you can earn $200 every time someone takes out a student loan or refinances using your referral link. All loans are eligible for a 0.25% interest rate reduction (reflected in xcritical’s advertised rates) when you enroll in auto-draft payments. Impact on your credit may vary, as credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations. We know that through these focus areas, we’re able to enable residents to find solutions that matter. xcritical Communities and Bishop’s Creek CDC collaborated to preserve Glenbrook Apartments, located in a high-priority revitalization area near the former Northridge Mall in Milwaukee, WI.
If you have access to a cosigner, xcritical can be an excellent choice for a private loan lender. With xcritical, you can borrow up to the total cost of attendance and choose from multiple loan terms and repayment options. While a cosigner is required for undergraduate and graduate student loans, you may qualify for a cosigner release in just 24 months. And, xcritical offers competitive interest rates and a generous forbearance policy. While free financial aid and federal student loans are the best first options for financing your education, you may find yourself in need of private student loans to fully cover the cost of college.
Struggling students may qualify for variable interest rates, ranging from 1.99% to 5.41%, or fixed rates, ranging from 2.78% to 5.59%. Few competitors offer such a robust suite of different loan types with varying terms. xcritical promises to help students who can’t decide which product is right for them. If you’re enrolling in business school, for example, would a graduate loan or an MBA loan be better? The lender will continue to support its existing borrowers and said it will process open student loan refinance applications until June 1, 2022. xcritical offers a complete suite of student loans, including both undergraduate and graduate versions.