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student loan corporation citibank
3 Reasons You Should Consolidate Your Student Loans
If you have student loans, you might want to think about consolidating them! Student loan consolidators will lump all your student loans into
one single loan, and give you a low fixed rate. And it's a good idea to do it now, because:
YOU MIGHT GET A LOWER RATE
Over recent years, rates have been extremely low. Every year, student loan rates change on July 1. This year on that date, the rates will
rise. In fact, the most common type of student loan rate will rise from 5.3% to 7.14%. But if you consolidate your loans, you lock-in the rate
for life, so it will always be that low 5.3% no matter how long you hold the loan! By choosing to consolidate your loans now, you're guaranteed
to have a low rate for the life of the loan.
YOU MIGHT GET AN EVEN LOWER RATE
These days, many student loan companies are offering perks for special customers. For example, you may get a lower rate if you choose to have
your payments electronically debited from your checking account each month. And you may also get a lower rate after you make regular, on-time
payments for a certain period of time, such as one year or six months. By taking advantage of these deals when you consolidate your loans, you
could get your student loan interest rate lowered another 0.5% or so!
YOU'LL NEED TO MAKE FEWER PAYMENTS
If you borrowed multiple student loans--say, for different years of school--chances are you're paying multiple bills each month. By
consolidating now, all your loans will get wrapped into one big loan, which means you only have one bill to pay each month. If you need help
organizing and managing your finances, trimming down the number of bills you need to pay can help you gain better control of your money. Here is
a list of recommended Student Loan Consolidation Lenders online. It's important to use a reputable lender online to make sure your personal
information is secure.
Consolidating your student loans is a great idea if you're currently paying a higher interest rate than the one being offered. Just remember:
you can only consolidate your loans once in a lifetime, so make sure you're getting a great deal before you sign on the bottom line.
ABC Loan Guide, a loan information website owned by Carrie Reeder, can give you valuable information about Student Loan Bill Consolidation, and also help you find a lender with free Debt Relief Help online.
More Useful Resource and Updates on student loan corporation citibank
- Nova Scotia touts direct student loan program (CBC Nova Scotia)
Nova Scotia's new direct lending program means university and college students pay less in interest, Education Minister Karen Casey said Thursday.
- Where to Find College Funding in a Credit Crunch (Carteret County News-Times)
(ARA) - This year alone, more than 60 lenders have exited the federal student loan market and in the private market, most lenders have significantly tightened restrictions or left the business altogether.
- Capturing the Youth Vote: McCain, Obama Target Concerns About Paying for College (Marketwire via Yahoo! Finance)
With the general presidential election only months away, concerns over the availability of student loans and how families will cover their college costs continue to be at the forefront of young voters' minds, in the midst of a dragging economy where credit is tight, unemployment is up, and high gas and food prices continue to eat away at families' paychecks.
- Die, Student Loan, Die! (The Motley Fool via Yahoo! News)
Make fun of the so-called "professional students" all you want. You know, the ones who, unlike the TAs, remember the original Dukes of Hazzard TV show. But would you be in a huge hurry to check out of the ivory tower and into debtors' prison?
- State using $50 million bond to solve student loan crisis (Lexington Herald-Leader)
Kentucky will pump $50 million into a state agency so it can resume issuing loans to college students as they begin fall classes. Gov. Steve Beshear announced Friday that the state will buy a $50 million bond from the non-profit Kentucky Higher Education Student Loan Corp., usually referred to as The Student Loan People. The .bridge loan,. as Beshear called it, will jump-start the ...
- Corinthian Caught In Student Loan Trap (Forbes)
The for-profit college operator posted strong Q4 results, but shares fell on increased loan defaults.
- Student loan agency to run out of money (Lexington Herald-Leader)
The state agency that provides loans to Kentucky's college students will .effectively run out of money. Friday until about Aug. 21 as it awaits new federal funds intended to alleviate a national crisis in student loans. The Kentucky Higher Education Assistance Authority, and its lending arm, The Student Loan People, will finish giving out the available funds Thursday, said James R. ...
- Die, Student Loan, Die! (Motley Fool via Yahoo! Finance)
Should you pay your education loans off at all costs?
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- Notre Dame Loan : Office of Student Financial Services : University of ...
... in cooperation with Citibank and its Student Loan Corporation (SLC), offers a ... information may be obtained from Citibank Student Loans at 1-800-967-2400. ...
- Federal Student Loan Programs
Federal student loans have helped 62 million students and their families fulfill their ... Citibank, The Student Loan Corporation. Citizens Bank. The ...
- The Student Loan Corporation
Company provides aid to college and graduate students through Citibank. Products include scholarships, federal student grants, and Stafford loans.
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