Sentences with phrase «profit on consolidation loans»
Lender margins are tighter on consolidation loans, due to fees paid to the US Department of Education, so their annual profit on a consolidation loan is lower.
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On June 16, New Jersey Attorney General Christopher S. Porrino and the New Jersey Division of Consumer Affairs announced a settlemen t with a for - profit company that was offering student loan consolidation services to New Jersey consumers without a proper license.