Please log in and check the online dashboard to see the status of your loan located here:
No, direct pay for debt consolidation is not always required. For customers with large balances, we reserve the right to direct pay.
Yes, customers with a current personal loan can apply for a new personal loan or to refinance their existing personal loan.
Unfortunately, Laurel Road can only accept one active application at a time.
We offer a .25% rate discount for use of EFT. To qualify for the EFT discount, monthly payments must be paid automatically from a bank account.
Current Laurel Road customers who have another lending product with us are eligible for a relationship discount.
Our quickest timeframe from application to closed loan is two business days. However, this timing can vary depending on the complexity of the application.
Laurel Road will refinance up to $50,000* for Associate Degree loans in the eligible healthcare field. Please see full eligibility requirements here.
*Parents who are borrowing on behalf of their children are not subject to the $50,000 loan max
You may not need a cosigner, but if you do not meet our credit criteria, a cosigner may improve your chances of being approved.
If you continue with an application after checking rates, we will ask you to authorize a hard credit inquiry, which may affect your credit score.