Loan to Learn www.loantolearn.com Reviews

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1.4 stars
Average rating for this product is: 1.4 out of 5

From 1 rating and 8 reviews

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NameCredit RatingAPRTypical APRMin Loan AmountMax Loan AmountHome Owner  
Alliance & LeicesterGood8.00%8.00%£7,500.00£14,950.00No
Sainsbury's LoansGood8.00%8.00%£7,500.00£15,000.00No
Nationwide LoansBad7.90%7.90%£7,500.00£14,999.00No

Average Ratings for Loan to Learn www.loantolearn.com

  • Ease of Application3 stars
  • Value for Money1.8 stars
  • Reviewer Ratings1.4 stars
  • Overall Rating1.4 stars

8 Reviews For Loan to Learn www.loantolearn.com

  • beyesj12 28th Dec 2007

    Reviewer rating: 0.5 stars


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    Good Points: I really didn't have any problems with them when I was applying and getting the loan


    Bad Points: They recently stopped accepting loan applications due to the "bad market" so now I have to go to a different company and get another loan from them with only about 2 weeks till my next semester


    General comments: When they were accepting loans I didn't have a problem with them, but now they stopped accepting student loans, i relly don't recommend!

  • victimized by loan to learn in AR 29th Aug 2007

    Reviewer rating: 0 stars


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    If you think getting the loan was hard, just wait until you try to pay Loan to Learn!!
  • smikk02 17th Aug 2007

    Reviewer rating: 0 stars


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    Horrible application process. They always seem to lose parts of your application and verification forms, so you have to keep resubmitting them, which takes forever. When the check supposedly finally goes out, it is conveniently sent to the "other" address on the application; and when it's not attached to that either, they insist that it was sent out. Also, supervisors seem to go home pretty early, so if you call after 3pm, good luck getting anything done. If you need the money for bills or tu ...
  • borkyork Rank: Lance Corporal 27th Apr 2007

    Reviewer rating: 0 stars


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    With most loans, if you make your payment early, you generally take off more from your principle and are OK for the rest of the month. With Loan To Learn, they take daily interest every day between each due date. Here's an example of why this is so bad. Let's say you have a loan of $45,000 with a minimum monthly payment of $430. If you pay your $430 two weeks in advance, part goes to interest accrued between last due date and the time the payment goes in, and the other part goes to principle ...
  • roaringleo 17th Aug 2006

    Reviewer rating: 1 stars


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    I applied through Bank of America, not "Loan to Learn", so when they called me, I thought they were just trying to sell me something. Finally, I put 2 and 2 together and then called them. They never answer Bank of America.

    They then asked for my driver's license four times, but never left a message (this was after the "Loan-to-Learn debacle). Then they put me through 34 days (and counting) in processing. Sometimes they tell me the check will be sent out tomorrow, sometimes they can't tell ...
  • monterey5 Rank: Lance Corporal 18th Jun 2006

    Reviewer rating: 4.5 stars


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    My family and I had a really great experience with Loan to Learn; from the people on the phone who made our anxiety disappear, to the easy application, to the speed that I got my money. I remember when my older brother got a student loan a couple of years ago from a different company; my parents were totally stressed and anxious throughout the process.

    The bottom line is anyone can give you money, but not every company can make the process as easy and stress-free as Loan to Learn. I'd recom ...
  • hhuuyy Rank: Corporal 16th Jun 2006

    Reviewer rating: 4 stars


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    I had a great experience with Loan to Learn. My older sister had a student loan with a different company, and she and my parents were always stressed when they talked about working with them. Loan to Learn really seem to know about the anxiety of going to college, and they made the whole process completely stress-free. I'd recommend this company to anyone looking for a student loan.
  • junglis Rank: Lance Corporal 2nd Jun 2006

    Reviewer rating: 1.5 stars


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    I had a horrible time with Loan to Learn! The application and approval process was like butter, but I had to wait almost a month for the check. Every time I called and spoke with customer service I got a different story. Either they were having "problems with their server" or "the last batch of checks came out with the wrong routing number". They came up with some pretty good excuses, but thinking about it, nothing made sense. Also, they supposedly ship out checks through FedEx, but ask the ...