Regions

• Competitive APRs
• Cost Coverage
• Several Repayment Options

Competitive APRs

Regions offers interest rates that are competitive within the industry. For undergraduate loans, the company's variable APRs range from 3.25 to 10.22 percent, while its fixed APRs range from 5.74 to 11.85 percent. For graduate loans, Regions offers variable APRs ranging from 3.25 to 8.21 percent and fixed APRs ranging from 5.74 to 8.56 percent. Students can take advantage of a 0.25 percent rate reduction by enrolling in automatic debit payments.

Cost Coverage

Regions allows students to borrow up to 100 percent of their school-certified cost of attendance, which essentially means there is no cap on the amount that can be borrowed as long as the school has approved it.

Several Repayment Options

Regions provides its borrowers with three different repayment options, so students have the ability to select the method that works best for their situation. With the Deferred Repayment Option, students can defer payments until after school or pay as much as they want while still in school for maximum flexibility. With the Fixed Repayment Option, students pay just $25 per month while in school and for six months after school. With the Interest Repayment Option, students make monthly interest payments while in school and for six months after school.

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• Limited Information

Limited Information

Unfortunately, Regions is not entirely transparent on its website. It's unclear what the company's maximum student loan length is or which states it offers student loans in. Potential borrowers will need to contact the company for more information.