NEW YORK CITY (6/22/10)--Fynanz Inc., a provider of private student lending solutions and a CUNA Strategic Services alliance, is offering an interest rate of 2.75% for its new EdAccess loan. EdAccess, which also offers an origination fee of 2.40% across all pricing tiers, was recently reviewed by Student Lending Analytics, an independent research and advisory firm. The loan is listed as one of the lowest rates among all of the private student loans included in the review. Students can apply for the loan at www.cuStudentLoans.org. The loan can be used for all qualifying education expenses and features an automatic 1% interest rate reduction once the borrower enters repayment and pays back 10% of the principal balance. It also includes no pre-payment penalty, no co-signer option, co-signer release option and a 30-day, no-fee return policy. EdAccess is one of the first loan programs to introduce a $25 proactive monthly payment plan, which requires the borrower to make payments while in school. The plan allows the borrower to develop a credit history while receiving a monthly reminder of how much is owed. CU Student Lending comprises credit unions nationwide and was established to build a network of lenders using a common platform to offer student loans.