Ascent Co-signed Review: Private Student Loans
Among the best for payment flexibility.
You can see if you’ll qualify and what rate you’ll get without a hard credit check.
Stands out for features that enable faster loan repayment.
Students enrolled less than half-time are not eligible.
Co-signer release not available to international students.
Ascent is an online lender that offers options to student loan borrowers with and without a co-signer.
The co-signed loan is a good fit for borrowers who want to pay off loans fast and have a creditworthy co-signer. Your interest rate could also be up to 11% lower by using a co-signer, so consider that option first.
If you don't have access to a qualified co-signer, Ascent offers two non-co-signed options: credit-based and future income-based. In this case, consider the credit-based non-co-signed loan before the future income-based loan for the best interest rate.
The future income-based loan — available only to juniors and seniors with a 2.9 GPA — is one of only a few available to borrowers with no credit, income or co-signer.
For its non-cosigned credit-based loan, student borrowers must have more than two years of credit history with a credit score of 680 or above and meet minimum income requirements.
Ascent borrowers can allocate overpayments to multiple accounts or a single account, and they also can make biweekly payments via autopay. These features help borrowers pay off debt faster.
Ascent at a glance
Generous forbearance options.
Offers co-signed and non-co-signed credit-based loan borrowers multiple in-school repayment options including interest-only, flat-fee and deferred.
Borrowers who don’t have a co-signer or credit history can qualify.
How Ascent could improve
Ascent could improve by offering:
Advertised fixed interest rates below 10%.