Common Bond

Fixed APR
Variable APR
Easy Rate Check

Common Bond

3.20% - 7.25%
2.55% - 7.07%

Snowball's Take

CommonBond is great for those who want better forbearance options and are socially conscious

Other Perks

Autopay discount of 0.25%, Hybrid rate for 10 year term (fixed 5, variable 5), Cosigner release, Socially conscious (for every loan funded, fund the education of a child through Pencils of Promise)


Servicer First Mark Services
Easy Rate Check Yes
Forbearance Yes, up to 24 months
Eligible Loans Federal, Private, Parent Plus
Available Terms 5 Years, 7 Years, 10 Years, 15 Years, 20 Years
Loan Balance Min $5,000.00
Loan Balance Max $500,000.00
Minimum Credit 660
Minimum Income $0.00
Origination Prepayment Fees none
Origination Prepayment Fees Bachelor Degree