Comments on: Choosing a Lender for Loan Consolidation http://www.studentdoctor.net/2007/09/choosing-a-lender-for-loan-consolidation/ An educational community for students and doctors spanning all the health professions. Sun, 22 Nov 2009 05:10:17 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Barbara Swichtenberg http://www.studentdoctor.net/2007/09/choosing-a-lender-for-loan-consolidation/#comment-661 Barbara Swichtenberg Thu, 20 Sep 2007 18:32:27 +0000 http://studentdoctor.net/blog/2007/09/19/choosing-a-lender-for-loan-consolidation/#comment-661 That's what I've been saying since they started talking about these changes Guru but some factions keep saying no, we'll have to see. The lenders haven't given up yet and with the strength of their lobbyists I can see them getting something done. There's already groups working on easing the cuts. Direct loans will always offer a .25% auto debit option so other lenders will still have to beat that. Sallie Mae never did list their incentives on their website, like many companies they will only tell you after they get you on the phone and get all your info. They will likely be the last company to lower their incentives so it is a thing to watch. That’s what I’ve been saying since they started talking about these changes Guru but some factions keep saying no, we’ll have to see. The lenders haven’t given up yet and with the strength of their lobbyists I can see them getting something done. There’s already groups working on easing the cuts. Direct loans will always offer a .25% auto debit option so other lenders will still have to beat that.

Sallie Mae never did list their incentives on their website, like many companies they will only tell you after they get you on the phone and get all your info. They will likely be the last company to lower their incentives so it is a thing to watch.

]]> By: Financial Aid Guru http://www.studentdoctor.net/2007/09/choosing-a-lender-for-loan-consolidation/#comment-659 Financial Aid Guru Thu, 20 Sep 2007 13:06:52 +0000 http://studentdoctor.net/blog/2007/09/19/choosing-a-lender-for-loan-consolidation/#comment-659 Good article. However, please note that due to the recent changes in student loan regulations resulting in a reduction of subsidies to lenders, the borrower benefits and repayment incentives are going away effective October 1. Any loans not consolidated by that date will likely not include borrower benefits as described above. Companies like SallieMae (SallieMae.com) have already removed borrower benefit programs from their website... Good article. However, please note that due to the recent changes in student loan regulations resulting in a reduction of subsidies to lenders, the borrower benefits and repayment incentives are going away effective October 1. Any loans not consolidated by that date will likely not include borrower benefits as described above. Companies like SallieMae (SallieMae.com) have already removed borrower benefit programs from their website…

]]> By: Debra Boggus http://www.studentdoctor.net/2007/09/choosing-a-lender-for-loan-consolidation/#comment-658 Debra Boggus Thu, 20 Sep 2007 05:08:11 +0000 http://studentdoctor.net/blog/2007/09/19/choosing-a-lender-for-loan-consolidation/#comment-658 This information is very helpful. I completed my FASFA application a few days ago and just received my letter. Now for the next step. Thank you! This information is very helpful. I completed my FASFA application a few days ago and just received my letter. Now for the next step. Thank you!

]]>