Lendkey Review  

By loansmack

Key Features

  • Student loans for undergraduate and graduate.
  • Refinance student loans for former students.
  • Can apply with & without a cosigner; cosigner release offered.
  • 5, 7, 10, 15, 20 year repayment terms.
  • Refinance Rates: Variable Rates starting at 2.58%, Fixed Rates starting at 3.15%.
  • No origination fees or prepayment penalties.
  • Interest-rate reduction of 0.25% if you enroll in Auto Pay.

About Lendkey

Established in 2009, Lendkey allows students to take out loans to pay for college, as well as refinance student loans for people that have already graduated. Lendkey matches consumers with community banks and credit unions to create transparent, accessible and low-cost borrowing options in online lending.


  • Repayment Options – The amount of repayment options allows you to customize your repayment plan to your specific situation. 
  • Quick Application Process – You can apply in a few minutes.
  • No origination fees or prepayment penalties.


  • Rates – Depending on your credit or your cosigner's credit, you may not get your desired rate.  

How to get started with Lendkey

You can get started with Lendkey through their online process.  Remember, when you get a rate estimate from a lender, this involves a 'soft credit' check, which will not affect your credit score.  When you decide to actually apply for a loan, the lender will do a hard credit pull which will slightly affect your credit score.

Documents you'll need for when applying to most lenders:

  • Government ID (passport, driver's license, green card).
  • Income verification (if applicable); this can include pay stubs, W-2's, etc.
  • Social Security number.