Student Loan Consolidation Deadline Leads to Last-Minute Rush11 June 2006
As students, graduates and parents rush to consolidate the student loans before July 1, Los Angeles-based ALL Student Loan is available to help them consolidate their loans and lock in lower interest rates.
To consolidate a loan with ALL Student Loan, visit http://www.simpleconsolidation.com or call (800) 360-8888!
"Taking out any kind of loan is an important financial decision and the choices you make may have consequences for years to come," said Christopher Chapman, president and CEO.
Chapman offers three basic rules of thumb when looking for the right consolidation loan: (1) Shop around, (2) research and (3) don't be afraid to ask questions.
Chapman emphasizes the personal touch that sets ALL Student Loan apart from other student loan lenders.
"Our nonprofit status defines the way we do business and, more importantly, the way we interact with customers. We are focused on our customers, not stockholders. When you call ALL Student Loan, you will reach a member of our staff -- you won't be put through a maze of prompts."
Consolidation makes sense for many people.
In addition to lowering their monthly payment, students who consolidate before July 1 will likely see substantial long-term savings because of interest rate increases that are mandated by federal law.
For example, a student with $50,000 in loans will reduce their interest costs over the life of the loan by as much as $17,000. Plus, by consolidating with ALL Student Loan, that same student could save an additional $16,000 over the life of the loan with payment incentives.
ALL Student Loan (http://www.allstudentloan.us), the sixth largest student loan lender in California, is a Los Angeles-based nonprofit dedicated to providing affordable access to higher education for students and their families. Since 1980, ALL Student Loan has made available more than $3 billion in financing for hundreds of thousands of students. ALL Student Loan holds more than $900 million in student loan assets. Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Christopher P. Chapman http://profnet.prnewswire.com/ud_public.jsp?userid=10025927
Source: prnewswire
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