What are the rates, amounts, terms, and fees for refinancing my loan with Stilt?

Stilts loan products are pretty straightforward.

Below are the details:
Term: 6 months to 36 months
Loan Size: $1,000 - $35,000 (exceptions for higher amounts in some cases)
Origination Fee: 0% - 5%
Interest Rates: 7.99% - 35.99%**
Amortizing: Yes
Deferral Option: Interest only payments for up to 6 months (only for students with a verified job offer)
Early Repayment: No prepayment penalty (you can pay off the loan at any time)

There are additional fees such as late payment and insufficient funds fee but these are only charged if the borrower is delayed on the payment or has a returned payment. These fees vary by state and will be clearly disclosed in your promissory note.

**The maximum rate depends on the state of residence. For e.g. NY has a maximum rate of 15.99% while CA has a maximum rate of 35.99%. These numbers may change in the future without notice as we get additional licenses or state regulations change.