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Webster Bank offers solution to manage student loan debt.

Global Banking News-March 12, 2019-Webster Bank offers solution to manage student loan debt

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Webster Bank has announced it has launched Student Loan Fefinancing, which pairs technology with personal service to help borrowers more easily manage student loan debt--a burden, the company said.

Webster Student Loan Refinancing offers refinancing of federal and/or private student loans for individuals who have obtained:

-A Bachelor's degree up to USD 90,000

-Graduate and doctoral degrees, including MBA, up to USD 225,000

-Professional degrees, such as dental, medical, and law school, up to USD 300,000

With help from Webster's online Student Loan Refinance Savings Calculator, borrowers can choose between fixed and variable rate financing, and tailor financing solutions to repay debt over a shorter or longer period of time. Other benefits include no fees to refinance and an additional 0.25 percent discount for automatic payments made from a checking account.

Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division. With USD 27 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 157 banking centers and 319 ATMs.

((Distributed via M2 Communications - http://www.m2.com))

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Publication:Global Banking News (GBN)
Date:Mar 12, 2019
Words:208
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