Student Loan Hero vs Earnest

Struggling to choose between Student Loan Hero and Earnest? Both products offer unique advantages, making it a tough decision.

Student Loan Hero is a Education & Reference solution with tags like student-loans, debt-management, financial-planning.

It boasts features such as Student loan calculator, Student loan repayment estimator, Student loan consolidation calculator, Student loan forgiveness eligibility checker, Budgeting tools, Financial tips and advice, Resources and guides for managing student loans and pros including Free to use, Easy to understand resources and tools, Helps optimize student loan repayment, Provides personalized advice and recommendations, Simplifies the student loan process.

On the other hand, Earnest is a Ai Tools & Services product tagged with ai, machine-learning, lending, loans, fintech.

Its standout features include AI/machine learning-based credit evaluation, Personal loans, Student loan refinancing, Medical loan refinancing, and it shines with pros like Potentially get approved for a loan with a low credit score, Lower interest rates than traditional lenders for some borrowers, Fast online application process, No origination fees, No prepayment penalties.

Feature	Student Loan Hero	Earnest
Overall Score	N/A	N/A
Primary Category	Education & Reference	Ai Tools & Services

Product Overview

Student Loan Hero

Description: Student Loan Hero is a free online tool that helps students manage their student loans. It provides advice, calculators, and resources to understand repayment options, save money on loans, and pay them off faster.

Earnest

Description: Earnest is a lending platform that uses artificial intelligence and machine learning to evaluate loan applications. It provides personal loans and refinancing for student loans and medical loans. Earnest aims to provide affordable loan rates based on the applicant's credit profile and earning potential rather than credit score alone.

Key Features Comparison

Student Loan Hero Features

• Student loan calculator
• Student loan repayment estimator
• Student loan consolidation calculator
• Student loan forgiveness eligibility checker
• Budgeting tools
• Financial tips and advice
• Resources and guides for managing student loans

Earnest Features

• AI/machine learning-based credit evaluation
• Personal loans
• Student loan refinancing
• Medical loan refinancing

Pros & Cons Analysis

Student Loan Hero

Pros

• Free to use
• Easy to understand resources and tools
• Helps optimize student loan repayment
• Provides personalized advice and recommendations
• Simplifies the student loan process

Cons

• Limited to student loan management, not full financial planning
• May not integrate with all student loan servicers
• Does not provide investment or retirement planning
• No mobile app, web-based only

Earnest

Pros

• Potentially get approved for a loan with a low credit score
• Lower interest rates than traditional lenders for some borrowers
• Fast online application process
• No origination fees
• No prepayment penalties

Cons

• High minimum credit score requirement (680)
• High debt-to-income ratio requirement (50%)
• No cosigners allowed
• Limited loan amounts
• Only available in certain states

Pricing Comparison

Student Loan Hero

• Free

Earnest

• Subscription-Based