Custom Choice Loan® review

The Custom Choice Loan® is the smartest way to finance your higher education. With low interest rates and flexible terms, they're perfect for students attending four-year universities. Read our full review to learn more!


by Aline Barbosa

Published on 07/20/2022

Custom Choice Loan®: Competitive interest rates and repayment terms!

Custom Choice Loan® review
Custom Choice Loan® review. Source: The Post New.

Are you looking for a new student loan option that fits your financial needs? Then check out this Custom Choice Loan® review! This loan is designed to give you more flexibility when it comes to repayment options, and you get to customize how you wanna pay for it.

In this article, we’ll take a closer look at what makes the Custom Choice Loan® different from other student loans. We’ll also discuss some of the pros and cons of this option so that you can make an informed decision about whether or not it’s the right choice for you. So read on to learn more!

Custom Choice Loan® review

How to get the Custom Choice Loan®?

Learn how to easily apply for a Custom Choice Loan® and get the assistance you need to fund your education!

The Custom Choice Loan® lets you pick your own loan term, which can save you money in the long run. Plus, there are no origination or prepayment fees – so it’s a great option if you’re looking to save money on your education costs. See below for its main features. 

  • APR: 2.17% – 11.11% variable or 3.65% – 12.47% fixed rate.
  • Loan Purpose: Studies.
  • Loan Amount: $1,000 minimum loan amount, $99,999 annual maximum loan amount and $180,000 student loan limit.
  • Credit Needed: At least 660. 
  • Terms: 7, 10 or 15 years.
  • Origination Fee: There is no origination fee.
  • Late Fee: There is no late fee.
  • Early Payoff Penalty: None. 

Custom Choice Loan®: is it a good loan?

The institutions behind the Custom Choice Loan are Cognition Financial and Citizens Bank. There are student loans options for both graduate and undergraduate students and one of the things that stands out with this program is how out in the open the fees are. That said, there are no hidden fees, no late fees and no early payoff penalties. 

Custom Choice offers competitive interest rates and you can request a loan with or without a co-signer. The loan amount is a minimum of $1,000 and can reach up to $99,999 annually. Interest rates vary from whichever APR you choose (variable or fixed) based on creditworthiness. Custom Choice not only offers student loans, but there are also graduation rewards and opportunities for scholarships. The loan terms are designed to fit your budget and you can pay off your debt between 7 and 15 years. 

Custom Choice Loan®: should you get one?

Custom Choice Loan® review
Should you apply for this loan? Source: Adobe Stock.

Custom Choice is a solid option to help you fund your education and will give you rewards simply for completing your graduation. However, like with all financial products, it’s crucial to learn the ins and outs before applying for it. See what they are next in our Custom Choice Loan® review.



  • Co-signer options available for graduate and undergraduate students;
  • No origination, late or early payoff fees;
  • Grad rewards: borrowers can get a 2% reduction from the principal amount upon proof of graduation;
  • Discount for autopay;
  • Easy and fast pre-qualification process.


  • Loans are only available for schools that feature in their pre-approved list;
  • Short forbearance period: no more than 2 months at a time and 12 months total;

What is the required credit score?

Custom Choice Loan® requires a minimum 660 credit score for eligibility if the borrower doesn’t have a co-signer. However, if the co-signer’s credit rating is higher than 699, the borrower’s credit score can fall beneath the 600 mark. If the co-signer’s credit is well above 700, then the institution won’t ask for a minimum score from the borrower.

But there are other factors that will impact your loan request. Such as being a U.S. citizen or permanent resident, have at least 18 months of good credit and be a graduate or undergraduate student at a pre-approved school.

Custom Choice Loan® application

If reading this Custom Choice Loan® review got you interested in applying, we can help. In the link below, you’ll find more details about the application process and eligibility requirements. So keep reading if you want to learn more!

Custom Choice Loan® review

How to get the Custom Choice Loan®?

Learn how to easily apply for a Custom Choice Loan® and get the assistance you need to fund your education!

About the author

Aline Barbosa

Aline Barbosa is an editor, writer and learning-enthusiast. Passionate about music, books and human behavior. Curious about the unknown. Believer that learning is a life-long process.

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