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Michael Babb

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Even though it is a Federal program, not all consolidation packages offer the same interest rate reduction. To ensure that eligible borrowers receive the best interest rate for their consolidation loan, we are encouraging borrowers to do their research and work with a consolidation company that offers the best benefit package. We are also encouraging all borrowers to find a company that offers a secure, e-signature application. Following these two simple rules will ensure borrowers that they are getting the best interest rate available and that they will meet the upcoming March 31st deadline.

Ever since this announcement was made by the Department of Education, we have been working very hard to contact all prospective borrowers to explain the changes to the Student Lending laws. This pending legislative change can really put future graduates on shaky financial footing if they don't exercise their Federal right and consolidate their student loans before the July 1st deadline.

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