Printer Friendly

Education Lender Expands Loan Consolidation Opportunities.

Aberdeen, SD, January 17, 2018 --(PR.com)-- To meet the rising costs of post-secondary education, iHELP Student Loans has made financing more available to all borrowers with student loan debt. Effective immediately, all students who have attended any institution are eligible to consolidate student loan debt with an iHELP Consolidation Loan. "The prospect of paying for college and figuring out the best way to manage repayment can be overwhelming. This is a time at which students and their families need transparency and a trusted advisor to understand what their options are and what a loan entails," explained Maria Sevareid, Marketing Manager.

Student loan consolidation combines all current student loans into one manageable loan. This potentially gives the borrower a lower monthly payment, fewer monthly bills and sometimes even a lower interest rate.

"The iHELP consolidation program is now more flexible and competitive as it allows consolidation of loans from any school. Plus, both federal, including Parent PLUS, and private student loans can be included in the loan." - Spencer Aberle, Chief Operating Officer

Borrowers have the choice of flexible repayment options and can choose from either fixed or variable rates. An iHELP Consolidation loan offers the option to release a cosigner after 24 months of consecutive on time payments. "Private student loan consolidation products are a great way to provide graduates with more repayment options, take control of their financial planning and to save money," explained Aberle. Borrowers must meet certain credit history and income levels, or have a qualifying cosigner. There is no penalty if the loan is paid ahead of schedule. Credit criteria for consolidating loans through iHELP can be found at iHELPloan.com or by calling an iHELP Loan Consolidation Specialist at 1-800-645-7404. If you would like more information about this topic, visit iHELPloan.com or contact Maria Sevareid at (605) 622-4507 or email at marias@slfc.com.

About iHELP Student Loans - Based in Aberdeen, South Dakota, iHELP gives students and their families an opportunity to work with a real person, who understands student loan financing inside and out. Administered by RSLFC, student loans are made affordable by leveraging the financial strength of thousands of community banks.

Contact Information:

iHELP Student Loan/RSLFC

Maria Sevareid

605-622-4507

Contact via Email

ihelploan.com

Read the full story here: https://www.pr.com/press-release/741690

COPYRIGHT 2018 PR.com
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR.com (Press Releases)
Date:Jan 17, 2018
Words:384
Previous Article:Rock Face Releases Flame-Resistant & Performance Baselayers for Military & Tactical Markets.
Next Article:Over 150 Independent Films Screened at The Fourth Annual Culver City Film Festival.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |