The fresh education loan landscape can change easily. Merely when you get a suggestion to own a trustworthy bank which have competitive cost, it does stop their education loan system otherwise walk out business entirely.
You have heard SunTrust Financial now offers personal student loans, but that’s no longer the situation. We are going to define just what which means to possess consumers just who actually have money having SunTrust and provide certain options for the individuals seeking need away a personal education loan.
SunTrust Bank accustomed service both federal and personal student loans, but it stopped offering this new student education loans inside 2020. SunTrust however properties finance to have current people.
For many who now have an excellent SunTrust education loan, you can keep the mortgage as well as or re-finance which have some other financial such as Juno . SunTrust will not render refinancing so you can newest borrowers.
Federal College loans
Typically the most popular means to fix purchase school has been a beneficial federal student loan. Government student education loans are around for undergraduate and graduate students.
Federal college loans are among the most useful options for borrowers as they were money-passionate repayment preparations, financing forgiveness options, and you will much time deferment and you may forbearance periods. 더 보기 “SunTrust Not any longer Offers Private Figuratively speaking: What you should Learn”