Commerce Bank Private Student Loan Review

The Commerce Bank Private Student Loan option is called the Sallie Mae Smart Option Student Loan. Undergraduates and graduates are eligible for this loan. There are various repayment options available, each with variable and fixed interest rates.   The Sallie Mae Smart Option Loan: Interest repayment option variable rates from 2.00% to 8.875%, fixed rates from 5.75% to 11.875%. Fixed repayment option variable rates from 2.50% to 9.375%, fixed rates from 6.25% to 12.375%. Deferred repayment option variable rates from 3.00% to 9.875%, fixed rates from 6.75% to 12.875%. Minimum borrowing limit is $1,000. Maximum borrowing limit is the Total Cost of Attendance. […]