Updated: April 2019
LendEDU is a for-profit company. We started LendEDU with less than $2,000. Our founders, Nate Matherson and Matt Lenhard, started LendEDU while they were college students at the University of Delaware. Along the way, LendEDU partnered with a number of investors who believe in our mission. You can read more about that on our About Page.
LendEDU is a free service for consumers. In fact, everything we do at LendEDU is free for consumers including:
1) Our comparison tools
2) Our calculators and tools
3) Our research reports, news, opinion articles, and reviews
So, how does LendEDU make money? LendEDU is compensated by some of the financial services companies seen on our website. Most often, LendEDU receives a fee when one of our readers clicks to, applies for, or receives a financial product from a LendEDU partner. This compensation may impact where products appear on this site (including for example, the order in which they appear in a Rate Table or whether a company is written about on the site). To be clear, partners cannot pay us to guarantee favorable reviews or ratings. LendEDU has not written about, reviewed, or rated all financial products available to consumers. Here is a list of our advertiser partners. We regularly turn down promotional offers from new partners. We work to put you first. We only work with companies that put you first too.
Our editorial staff and independent contractors do not receive direction from advertisers on our website. We do not publish favorable (or unfavorable) reviews or assessments at the direction of an advertiser. We encourage you to read more about our Editorial Integrity and process.
If you have any questions about a company or partner mentioned on our website please let us know. You can email [email protected] with the Subject: How We Make Money. If you are a prospective partner, and you want to learn more about working with LendEDU click here.