Yes. Unlike many other loan companies, College Ave Student Loan allows the guarantor to be removed and lose loan responsibilities without causing any damage. However, to “release” your guarantor you need to meet some criteria. One of these is the elapsed time of the refund. The guarantor can only be released if the repayment period has passed at least halfway through. Furthermore, the loan applicant needs to prove that he can afford the repayment costs.

The student is required to start repaying the loan six months after completing or dropping out of the course. If the student temporarily closes the enrollment and reactivates it before six months, he can continue the course normally without having to disburse any amount related to the loan. If the student maintains their enrollment inactive for more than 12 months, the grace period ends and charges begin to be made.

Founded in 2014, College Ave Student Loan is already a reference in the student loan market. At least that is exactly the opinion of industry analysts. In the last two years (2021 and 2022) this company won four titles of best student loan company. In fact, this company is also prestigious among customers. Of all reviews received on the Trustpilot platform, 68% are top rating reviews (5 stars). Therefore, we can say that this is an excellent credit bureau that pleases 7 out of 10 customers.