5 Stores Where You Can Get Laptop Loans For Students
Posted On May 21, 2021
Over the past years, the rapid technological advancement that the world has witnessed has more or less compelled nearly everyone to own a laptop.
In recent times, even students are expected to own a laptop due to its immense importance to their learning process. In spite of the undoubted importance of laptops to students, we still can’t deny the fact that laptops are very quite expensive, which makes it almost impossible to buy one as a student.
However, thanks to the several stores that offer students laptop loans to students, getting one will not be such an issue again. But then, the challenge now is getting the right loan company for you. To solve this conundrum, a platform like Collected.Reviews would be helpful. With the various credit companies reviewed by users on this platform, you can conveniently choose a good loan company.
Meanwhile, these are 5 stores where you can get laptop loans in the United States today:
Lightstream is one of the loan companies that offer laptop loans to students. What makes them suitable for students? Their interest rates are said to be low, and students get as long as 24 months to repay the loan. Total loan amount they grant is between $5000 and $100,000.
Marcus is another loan store that offers you a reasonable amount that can get you a laptop. The amount you can access depends on the kind of laptop you need as their loan range is between $3500 and $40000. Students get as long as 36 to 72 months to repay the loan. You need a good credit score to get a loan from Marcus, and their interest rates are also reasonable.
SoFi store offers students between $5000 and $100000 in loan facilities. Their repayment terms are said to be very flexible, and they do not charge a delinquent fee. You also get the chance to ask for another loan even when you are yet to repay your old loan. Amazing right?
PenFed might not give you a huge amount of loan but they will give you what is just enough to get a portable laptop. They offer students amounts which range between $500 and $2000. But their loan tenure is from 1 to 5 years. You don’t need a good credit score to get a loan from them, as long as your credit score is fair. However, this company charges around $29 for late repayments depending on how long it took you to repay.
Upstart is another loan company that students can rely on for their laptop needs. Once your loan has been approved, it will be disbursed the following day. With Upstart, students can get between $1000 and $50000. Also, they are not all about credit scores; so long your records are not super abysmal.
Taking a loan might not sound like a good idea, but after one might have explored other sources without any success, taking a loan becomes imperative, especially for students. The good news is, it is not all doom and gloom with loans like laptop loans, as you will get enough time to repay the loan, and most of them come with very low interest rates. It must however be said these conditions apply to only those who do business with the right loan companies.