Can you pay off ascent loan early?
There's no penalty for early repayment. Ascent borrowers who choose a loan term of 20 years WILL ONLY receive a variable interest rate. For certain loans with low balances, the minimum monthly payment amount may cause the loan amortization schedule to be less than the selected term.
Does ascent affect credit score?
You can also check your prequalified rates without a hard credit pull, so it won't affect your credit. Note: While you can compare rates from Ascent Cosigned Credit-Based Loans through Credible, Ascent Non-Cosigned Outcomes-Based Loans are not currently available.
How long does it take to get a loan from Ascent?
Typically, this process takes one to two business days to complete. From there Ascent sends the loan to your school for certification. Every school is different; while some are quick to certify, others can take weeks. If you need the money quickly, contact your financial aid office.
Does ascent have a cosigner release?
At Ascent, we want to make the cosigner release process as simple as possible. You can apply to release a cosigner after fulfilling a minimum payment history, in addition to meeting the other eligibility criteria to qualify for a loan on your own. With an Ascent loan, your loan servicer is Launch Servicing.
Is ascent funding real?
Who is Ascent? Ascent Funding is an award-winning lender, committed to revolutionizing how you pay for higher education at colleges and coding bootcamps. Ascent was named Best Private Student Loan for 2021 by Forbes Advisor and NerdWallet.
How long do ascent loans take?
Typically, this process takes one to two business days to complete. From there Ascent sends the loan to your school for certification. Every school is different; while some are quick to certify, others can take weeks. If you need the money quickly, contact your financial aid office.
Does ascent have prepayment penalty?
With Ascent's college loans, you will not incur any fees or penalties if you prepay your loan (either in whole or in part) before the repayment term ends. What are my Ascent college loan repayment options and terms?