Prime Student Loan focuses exclusively on refinancing existing student loan debt for the most highly qualified borrowers. The company works to match qualified candidates with banks willing to refinance student loans to lower interest rates and monthly payments. To date the startup reports an average savings of about 30% on monthly payments and roughly a 50% reduction in interest rates. The business is aimed at helping recent graduates reduce their student loan expenses. Prime Student Loan is based in Boston, MA and announced it raised $250,000 in seed funding from CommonAngels. The funding announcement was reported by Massinvestor, Inc.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

May 2013