Here’s a few things we think are especially important for you to know before you sign a Fortify loan:
Federal Loans and Grants
Before you sign a loan with Fortify, it’s important to consider all of the financing options you have access to, including any federal loans or grants. Federal loans or grants generally offer lower costs than private financing, and Fortify encourages you to take advantage of these options if available.
Disbursement of your loan proceeds
Before signing your Fortify loan, it’s also important to know that your school has agreed to receive the proceeds from your loan over the term of your loan. Loan funds (less applicable fees) will be transferred directly to your educational institution as you make your scheduled loan payments. You are entitled to prepay your loan at any time without penalty.
Carefully read all disclosures
It’s important to understand all aspects of your Fortify loan before you sign it. Please make sure to carefully read your promissory note, your TILA final disclosure, and any associated consent forms before you sign your loan. If you find any inaccuracies, please notify Fortify customer service and do not proceed with your loan.