Sentences with phrase «making loan repayment processes»

The White House is attempting to refocus efforts on helping students out of their debt situation by addressing all sides of the problem — making quality education more affordable, increasing access to aid, and making loan repayment processes as painless as possible.

Not exact matches

This special consolidation initiative would keep the terms and conditions of the loans the same, and most importantly, beginning in January 2012, allow borrowers to make only one monthly payment, as opposed to two or more payments, greatly simplifying the repayment process.

This type of payment makes sense for lenders because it reduces the costs associated with processing a loan payment, and more frequent direct debits (daily or weekly) make it possible for the lender to identify any potential repayment issues early — giving them time to try to help borrowers catch up on any loan payments they may have missed and mitigate larger credit issues down the road.

Every lender has different interest rates, repayment terms, and application process, which is why it's important to make sure you understand these thoroughly before accepting a private student loan.

To make the # 500 payday loan repayment process even easier and hassle - free for you, we use continuous payment authority to ensure the repayments are automatically collected on your specific pay date.

Ultimately, knowing these student loan repayment options makes the repayment process bearable for the young millennials of today.

Additionally, if the bankruptcy court finds that ITT violated its former students» rights under consumer protection or contract law, that could help make students eligible for federal student loan discharge through the borrower defense to repayment process.

The Department of Education has a Public Service Loan Forgiveness program, where in exchange for working in an approved career field for 10 years, making 120 consecutive on - time monthly payments under the standard repayment plan, and following through with their rigorous application process, they will forgive the remainder of your balance after your 120 monthly payments.

Our current student loan repayment process is too complex, which only makes it more difficult for borrowers to successfully repay their loans,» Ferguson, R - West Point, said in an emailed statement.

According to Remondi, every aspect of the student loan borrowing and repayment process needs innovation improvements and he hoping to work with policy makers to make the ideas that come out of the Navient Labs a reality.

This type of payment makes sense for lenders because it reduces the costs associated with processing a loan payment, and more frequent direct debits (daily or weekly) make it possible for the lender to identify any potential repayment issues early — giving them time to try to help borrowers catch up on any loan payments they may have missed and mitigate larger credit issues down the road.

Despite the fact that many people are burdened with high interest rates that make the repayment process long and difficult, it's still difficult for many people to obtain a debt consolidation loan.

It will be interesting to see what changes are implemented in the coming years to help alleviate student loan borrowers and make the process of repayment easier for borrowers to understand.

First, a student loan consolidation can make the repayment process easy allowing just one payment to be made to one single lender rather than needing to make payments to different lenders throughout the month.

While remembering to make the minimum dues required on other debts, you can accelerate the process by plowing in extra savings to the loan repayment process.

We help to make our # 300 loan process easier, and offer the chance for our customers to make repayments over a three month period, rather than in one lump sum at the end of the month.

* Easy qualification with terms that you can afford * Easy application so you won't have the hassle of a long complicated process * Fixed terms and rates that allow you to make repayment predictable and easier to budget * Low minimum loan amounts depending on lender requirements

In addition, multiple loans can be consolidated into one, making the repayment process much easier.

The gold is sealed in your presence and vaulted in the safe keeping of the bank Additionally, if you are an IndusInd Bank customer, you get easier repayment options and lesser documentation, making the loan process simpler for you.

Loan was approved quickly; personnel very articulate and knowledgeable; debts that were consolidated were paid off quickly; repayment process set - up very simple; rates were very competitive with other offers; prompt contact made through phone and email; would recommend to others.

The progress that President Barack Obama made fixing the student loan repayment process and forgiving student loans...

To give yourself some breathing room, one option student loan borrows have, is to process a consolidation or make a repayment plan change during the forbearance period.

No matter where you are in your repayment process, there are a number of ways to make paying off your loans easier, and often more affordable.