Student loan - take advantage of the federal consolidation programs to repay your debts. These programs can significantly reduce the rate of your student loan.
Student Loan Consolidation Can Help.
What is happening in the halls of Congress with regard to the controversial student loan consolidation topic? One of the issues they are debating is the terms of reauthorization of the Higher Education Act. If you are concerned about the unmanageable debt your student loans have presented to you, you may want to consider student loan consolidation.
Financial experts have said...
Many financial experts recommend commencing paying your student loan before graduating. That may be realistic to the higher-income bracket; but for those of us struggling and paying our way through college - in the first place - that suggestion is laughable. It's been estimated by a report filed by the Public Interest Research Group's Higher Education Project that 39% of students borrowing and relying on a student loan(s) to get them through are graduating with unmanageable levels of debt. Think of what the right loan consolidation program, with a low, fixed rate can get you! You will never look at your federal student loan the same way again.
In response to this and the poor economy, Congress came up with the federal consolidation program. With it - you can streamline the loan repayment process and save on fixed, reduced rates. By locking in a fixed rate - which is configured by calculating the weighted average of all of your individual loans which comprise your total student loan debt - you can experience potentially significant savings, morphing your total experience into the best student loan scenario possible.
Student loan rates at an all-time low
Currently, interest rates across the board are at an all-time low. Student loan interest rates are calculated according to Treasury bills. T-bills, currently, are enjoying record-breaking lows. If you were to act on this right now, you would consolidate student loan debt at a rate falling between 2.9 and 4.2% right now! It would be in your best interest to lock in this rate today- because what comes down will go up again - in the world of finance. To compare this to the rate on Stafford Loans of just three to four years ago; think about this: the interest rate was 8.2%. Think of how drastically different the numbers of the same student loan will be with the different rates.
Another reason to act now and complete the secure form is because one of the issues they are currently debating includes the possibility of switching the federal consolidation program back to variable rates - this would significantly alter the nature of debt relief through such programs. We wouldn't enjoy these kind of savings, ever again. Fill out the secure, free application today and a certified specialist will contact you within 24 hours to discuss the details and help you decide if this is the right path for you. Isn't it time you made the residue of your student loan debt a thing of the past?
Things can swing directions towards the better in as little as no time. It's not magic, it's not complicated, it's just the right help being sent out by the right people to the right places. We work with you for complete satisfaction, and we don't pause until we mutually agree that such a state has been achieved. Don't settle for anything less than the best. We don't. We're committed to providing you with the ultimate debt elimination experience, and provide you with the ultimate debt elimination experience we shall.
- Decrease your debt to income ratio!
- Lock in some of the lowest, fixed rates ever!
- Consolidate student loans but keep all the same rights!
- No credit checks!
- Pay early without penalty.