Lender
Rating by Finanso®
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

ZuntaFi

Advertiser Disclosure

About Lender

ZuntaFi is a servicer providing student loans of different types. The services you can apply for with ZuntaFi are student loans for undergraduate, graduate, and medical school students, flight school loans, and student loan refinance.

ZuntaFi was previously known as Reunion Student Loan Finance Corporation. It became ZuntaFi in 2020. ZuntaFi offers iHELP loan options. These are loans from community banks. The parent company of iHELP is the same as ZuntaFi's - Reunion Student Loan Finance Corp.

The company is present in eleven states, though the state eligibility varies depending on the type of loan and a specific option. The company states it has 40 years of experience in education loans.

ZuntaFi also affirms it handles the entire journey of a loan, from the application to the last repayment. Keep in mind the company is a servicer, not an actual lender. It connects you with the lenders.

ZuntaFi primarily focuses on refinancing federal and private student loans for undergraduate and graduate degrees. Borrowers can apply for loan refinancing online and receive a rate quote within minutes.

In addition to refinancing, ZuntaFi also offers educational resources to help borrowers make informed decisions about their student loans. The company has a blog with articles on student loan repayment strategies, financial planning, and other personal finance topics.

Refinancing federal student loans with a private lender like ZuntaFi would make the borrower ineligible for federal loan benefits, such as income-driven repayment plans and loan forgiveness programs. Therefore, borrowers should carefully consider the pros and cons of refinancing before making a decision.

ZuntaFi

Key Features

  1. Focus on personalized service and support for its customers. The company assigns a dedicated loan specialist to each borrower who guides them through the refinancing process and answers any questions they may have.
  2. Flexible repayment terms. They allow borrowers to choose from a variety of repayment lengths and interest rate options. This can help borrowers tailor their loan repayment plan to their individual financial situation and goals.
  3. Commitment to giving back to the community. The company partners with non-profit organizations and charitable causes to support initiatives related to education, financial literacy, and social justice.
  4. Referral program. It rewards existing customers for referring new borrowers to the company. This incentivizes current customers to share their positive experiences with friends and family, which can help the company grow its customer base through word-of-mouth marketing.

Pros and Cons

Pros

  • Competitive rates. ZuntaFi offers competitive interest rates, which can potentially help borrowers save money on their monthly payments and overall loan costs.
  • Personalized service. ZuntaFi assigns a dedicated loan specialist to each borrower, which can help make the refinancing process more manageable and less overwhelming.
  • Flexible repayment options. ZuntaFi offers a variety of repayment options and lengths, which can help borrowers tailor their loan repayment plans to their individual financial situations and goals.
  • Charitable partnerships. ZuntaFi partners with non-profit organizations and charitable causes to support initiatives related to education, financial literacy, and social justice.

Cons

  • Limited eligibility. ZuntaFi may not be available to all borrowers, as the company only offers refinancing for federal and private student loans for undergraduate and graduate degrees.
  • Loss of federal loan benefits. Refinancing federal student loans with a private lender like ZuntaFi would make the borrower ineligible for federal loan benefits, such as income-driven repayment plans and loan forgiveness programs.
  • Creditworthiness requirements. ZuntaFi, like other student loan refinancing companies, may have creditworthiness requirements that may make it difficult for some borrowers to qualify for refinancing.
  • No cosigner release. ZuntaFi does not offer a cosigner release option, which may be a drawback for borrowers who need a cosigner to qualify for refinancing.
  • Limited repayment support. While ZuntaFi offers personalized service, the company may not offer as much support for borrowers who experience financial hardship or difficulty making their monthly payments compared to some other lenders.

Products

ZuntaFi is focused on servicing private student loans. However, it has an option for new applicants consumer loans. It provides its partner financial institutions with customer service. Its partners can direct their new applicants or existing ones to 24/7 detailed reporting, so the customers can get the service from a professional staff based in South Dakota.

ZuntaFi offers student loan refinancing services to help borrowers consolidate and potentially lower their monthly payments and interest rates. Specifically, ZuntaFi offers the following:

  • Refinancing of federal and private student loans for undergraduate and graduate degrees.
  • Competitive interest rates and a variety of repayment terms to choose from.
  • The option to refinance both fixed and variable-rate student loans.
  • A simple and straightforward application process that can be completed online.
  • A dedicated loan specialist who guides borrowers through the refinancing process and answers any questions they may have.

Educational resources and tools to help borrowers make informed decisions about their student loans, including a blog with articles on student loan repayment strategies, financial planning, and other personal finance topics.

Partnership with non-profit organizations and charitable causes to support initiatives related to education, financial literacy, and social justice.

Reliability

ZuntaFi is a legitimate company and has been in business for several years. The company is registered with the National Mortgage Licensing System (NMLS) and has an A+ rating with the Better Business Bureau (BBB).

ZuntaFi also has generally positive customer reviews, with many borrowers praising the company's personalized service and competitive rates. However, as with any lender, there may be some negative reviews and experiences from customers who were dissatisfied with their experience with the company.

Carefully research and compare multiple student loan refinancing options before choosing a lender, and read reviews from other customers to help inform their decision. Additionally, borrowers should carefully review the terms and conditions of any loan before accepting it to ensure they understand the costs and obligations associated with the loan.

Funding a Loan

ZuntaFi doesn't have pre-qualification, so you will need to go through the hard credit check when applying. It will hurt your credit score, as the request is shown on the credit report.

The interest rate is also vague until you get an offer from a company by e-mail. However, the range of APRs is competitive, and if you are looking for a refinancing option for your student loan. ZuntaFi has hybrid rates and repayment protection.

Sometimes ZuntaFi cannot provide you with transparent information on terms, rates, co-signer release, or repayment programs. It is due to ZuntaFi not being a lender but a mere servicer. It connects you with the community banks, and those banks issue loans.

The terms and conditions of student loan financing can vary depending on the lender and the borrower's financial circumstances. Typically, the interest rates on student loans are lower than other types of loans, and the repayment period may be extended to make it more affordable for students. Some loans may require a cosigner, such as a parent or a guardian, who is responsible for repaying the loan if the student is unable to do so.

Consider the options when it comes to financing education, as taking on too much debt can have long-term consequences for financial well-being. Research the terms and conditions of various loans, compare interest rates and repayment options and consider seeking guidance from a financial advisor or counselor.

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Important

Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.

How to Choose a Lender

  1. Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.

  2. Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.

  3. Carefully review all the terms and conditions of your payday loan contract.

  4. Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.

  5. Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.

  6. Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.

Methodology

At Finanso, we've carried out a comprehensive analysis of over 100 lenders, assessing them based on 35 different parameters across six key categories: accessibility of loans, customer relations, quality of service, interest rates, and transparency of conditions.

In each category, we carefully considered the most critical factors in selecting a lender. These factors include the interest rates, available loan amounts, minimum credit score, minimum income, application fees, and the speed at which funds are transferred.

At Finanso, we highly value our users, which is why we also focus on the quality of customer service, user reviews, and additional features that can aid our users in making a well-informed decision.

Our ultimate goal is to provide insightful recommendations and expert advice to assist you in selecting a lender that best caters to your specific needs.

FAQ

Is ZuntaFi a federal student loan?

No, ZuntaFi is not a federal student loan. ZuntaFi is a private student loan lender that provides student loan refinancing options to borrowers who have already taken out student loans. When borrowers refinance with ZuntaFi, they are replacing their existing student loans (which could be federal or private) with a new loan from ZuntaFi.

Federal student loans are offered by the U.S. Department of Education to help students pay for education-related expenses. Federal student loans come with such benefits as fixed interest rates, income-driven repayment options, and the possibility of loan forgiveness that are not available with private loans.

Consider options when deciding whether to refinance student loans with a private lender like ZuntaFi or to stick with federal student loans. While private loans may offer lower interest rates and other benefits, they also lack the protections and repayment options available with federal loans. Borrowers should carefully compare the terms and requirements of each type of loan before making a decision.

Is ZuntaFi trustworthy?

There is no indication that ZuntaFi is untrustworthy. The company has been operating since 2015 and has a solid reputation in the student loan industry. ZuntaFi is accredited by the Better Business Bureau and has an A+ rating, indicating that the company meets high standards of customer service and ethical business practices. The company is a member of the Consumer Financial Protection Bureau's (CFPB) Student Loan Ombudsman program, which is a voluntary program that demonstrates a commitment to resolving student loan complaints fairly and transparently.

ZuntaFi has received positive reviews from borrowers for its personalized customer service and competitive interest rates. However, as with any financial product, borrowers should carefully read and understand the terms and conditions of any loan agreement before signing. It's also a good idea to compare multiple lenders to ensure that you are getting the best possible deal.

Is ZuntaFi a collection agency?

No, ZuntaFi is not a collection agency. ZuntaFi is a student loan refinancing company that provides borrowers with options to refinance their existing student loans. While ZuntaFi may collect payments from borrowers on behalf of the lender(s) who provided the refinanced loans, the company does not engage in debt collection activities.

Debt collection agencies, on the other hand, are companies that specialize in collecting payments on past-due debts on behalf of lenders or creditors. These companies may use various tactics to collect a monthly payment, including phone calls, letters, and legal action. Debt collection agencies are subject to federal and state laws that regulate their activities and protect consumers from abusive and deceptive practices.

If you cannot make payments on your student loans, you should contact your loan servicer or lender to discuss your options, including deferment, forbearance, or income-driven repayment plans. 

What loans can I get from ZuntaFi?

ZuntaFi offers student loan refinancing options to borrowers who have already taken out student loans. When borrowers refinance with ZuntaFi, they are replacing their existing student loans (which could be federal or private) with a new loan from ZuntaFi. ZuntaFi offers both variable and fixed interest rates, as well as repayment terms ranging from 5 to 15 years, depending on the borrower's preference.

ZuntaFi allows borrowers to refinance a wide range of education-related loans, including federal and private student loans, Parent PLUS loans, and loans for graduate school or professional degree programs. Borrowers may also be able to refinance loans taken out by a cosigner, although the cosigner will need to release their obligation to the loan in order for the borrower to refinance independently.

Before applying for a loan with ZuntaFi or any other lender, compare the terms and requirements of each loan option. This includes considering the interest rate, repayment term, and any fees associated with the loan. Ensure that you meet the eligibility requirements for the loan and have the financial means to make the required payments.

Company documents

State Notices
CA Disclosure
Terms of Use
Privacy Statement

We manage the entire journey of the loan; from origination to servicing to collections, we handle it all with experience and personal service.

© ZuntaFi
Financial products
ZuntaFi
Consumer Loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
$1,000-$100,000
Rate
i

Effective interest rate on the product

up to 7.78%
Term
i

Loan term for the financial product

up to 20 years
ZuntaFi
Student Loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
up to $100.000
Rate
i

Effective interest rate on the product

up to 7.78%
Term
i

Loan term for the financial product

up to 20 years
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Rating by Finanso®
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
100.00 – 20000.00 $
Rate
i

Effective interest rate on the product

from 0.05 %
Term
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Loan term for the financial product

5 days – 3 months
Rating by Finanso®
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
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300
650
1000
100.00 – 4000.00 $
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Personal Loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
2000.00 – 100000.00 $
Rate
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Effective interest rate on the product

6.34 – 35.89 %
Term
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Loan term for the financial product

2 months – 72 months
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

4.25
(20 Ratings)
Recommended FinScore™
0
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1000
to 1500.00 $
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Effective interest rate on the product

to 160.00 %
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