Potential Loan Option Discounts and Benefits on the Nomad Credit Platform
Summary:
This article outlines some of the additional benefits that may be available with loan options listed on the Nomad Credit platform.
Autopay Discount:
Some lenders offer an Autopay Discount. You may be eligible to receive a discount if you sign up for auto-pay at certain lenders to have monthly payments automatically deducted from your bank account.
For more information, please see an example discount here: Autopay Discount
Interest-Only Payment Discount:
Some lenders offer an Interest-Only Discount. You may be eligible to receive an additional rate discount if you make interest-only payments while in school. This is typically only for loan options with an eligible US cosigner.
For more information, please see an example discount here: Interest-Only Payment Discount
Cash Back:
Some lenders offer cash back for good grades. You may qualify for a cashback reward if you maintain a good student status.
For more information, please see an example discount here: Cash Back
Additional benefits offered by some US-based lending institutions:
- No prepayment fees
- No origination fees
- No application fees
To learn more about the potential loan options you may have and the potential benefits available to you, please visit www.nomadcredit.com/student-loans.
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