LeverEdge has been built from the ground-up to make sure that student interests are put first all the time. This extends to how we make money.
We charge lenders a tiny fraction of the loan amount originated by members in our negotiation groups. We set this fraction at the very beginning of negotiations with the lenders. The same fraction is charged to all lenders attempting to win a given negotiation group. As a result, we only evaluate lenders based on the value they are creating for the students in the negotiation group.
Lenders cannot sway our decision by trying to offer a smaller or larger fraction.
Our lawyers asked us to let you know that, similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. LeverEdge Association is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.
LeverEdge Association is not an advisor
LeverEdge Association's services are only administrative. LeverEdge Association does not endorse or recommend the products of any particular Lender. Except as otherwise provided for your state, LeverEdge Association is not an agent of you or any lender. You should rely on your own judgment in deciding which available loan product, terms and Lender best suit your personal financial requirements.
LeverEdge Association does not discriminate
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The agency that administers compliance with this law varies by lender depending on its lending authority, but may include the Federal Trade Commission, Equal Credit Opportunity, Consumer Response Center, Washington, DC 20580 or at 1-877-FTC-HELP (1-877-382-4357); TDD 1-866-653-4261; or at www.ftc.gov.
LeverEdge Association is not a creditor
LeverEdge Association DOES NOT take mortgage, student loan, or refinance loan applications, originate, service, make loans or credit decisions in connection with loans, nor does LeverEdge Association issue commitments or lock-in agreements. Any loan inquiry you submit is NOT an application for credit. Rather, it is an inquiry to receive conditional loan offers from Lenders. You may have to complete an application with a Lender before they will extend an unconditional offer.
How LeverEdge Association makes money
LeverEdge Association sometimes earns a sales commission or advertising fee when we share a product or service with you and you choose to use the same. Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. Please do your homework and let us know if you have any questions or concerns.
Other Disclosures (if any)