Nicole Mignacca

Review of Rhode Island Student Loan Auth...

RISLA is honestly a terrible company to work with....

RISLA is honestly a terrible company to work with. Their staff is often unhelpful and they have very high interest rates (or at least they did when I got mine). It takes advantage of young kids who are trying to get an education if you ask me, as their rates were almost double the average fed loans (in my case). I am from RI and used this lender, but there are plenty of other good options for young kids to explore. Looking back I wish I had done that instead of just going with this one because it is local. I graduated and am in the process of refinancing for a MUCH better rate. I would recommend anyone who graduates with RISLA loans to REFI ASAP while rates are good. Other lenders that help graduates refi (google the top ones) have amazing customer service to compared to RISLA and will provide significantly more competitive rates.