 |
|
Reducing Your Chiropractic Student Loan Debt
By Brooke Heath
Many chiropractic students must rely on educational loans to help them obtain their degrees. However, the last thing that a student dreams about is graduating and beginning his or her career with thousands of dollars in student loan debt.
|
|
 |
|
|
|
 |
 Save Big with a Chiropractic School Loans Federal Consolidation! |
 |
|
|
By Brooke Heath
Chiropractic School Loans would like to be among the first to congratulate you on your recent graduation from chiropractic school! You are now ready to begin your chiropractic career! However, now is also the time that you will begin to repay all of your student loan debt.
This can be a stressful time in a new graduate's life. You are trying to establish your career, but the burden of this large debt is weighing on your shoulders. Trying to manage your student loans and making multiple monthly payments to multiple lenders can be a hassle. The good news is that there is a solution to lightening this burden. The solution lies in consolidation.
Save Time and Money by Consolidating
Consolidation merges all of your outstanding student loans into one easy-to-manage loan. The result is one low, monthly payment to just one lender! Consolidating your student loan debt not only saves you time, but also money! When you choose to consolidate with an industry leader like Chiropractic School Loans, you can save thousands of dollars over the life of your loan!
Consolidating your federal student loans with Chiropractic School Loans will give you one low, fixed rate on your new loan. This is the only way to protect you from paying more interest on fluctuating variable interest rates that are adjusted annually.
Advantages to Consolidating with Chiropractic School Loans
There are many advantages to a Chiropractic School Loans federal loan consolidation; one being our appealing borrower benefits. These borrower benefits help you save even more by offering interest rate reductions. Simply by enrolling in our automated debit payment program, you will receive an immediate 0.25% interest rate reduction. Also, when you make 36 consecutive payments on time, you will receive an additional 1% interest rate reduction! A huge advantage of our borrower benefits is that once you qualify for our 1% interest rate reduction, it can never be lost or taken away from you, regardless of the situation or circumstances. Chiropractic School Loans guarantees these benefits for the life of your loans! No other consolidation company can make the same claim!
Flexible Repayment Options
To help you lower your monthly payments by almost 50%, Chiropractic School Loans offers the following seven flexible repayment options:
- Equal Payments
This is the standard option in which both the interest and principle will be paid equally over the life of the loan. Your monthly payment amounts will not change over the life of the loan.
- Select2/Graduated Payments
With this option, you will be allowed to make interest-only payments for the first two years of repayment. After two years, the payments will increase to include equal installments of both the interest and principal for the remaining term of the loan.
- Select 5/Graduated Payments
This option allows you to make interest-only payments for the first two years of repayment. During the third through fifth years of the loan, the payments will increase to include only a portion of the principle with the interest. Upon the sixth year, your payments will once again increase to include both the principle and interest equally throughout the remainder of the loan.
- Income-Sensitive Payments
This option provides for payments to be adjusted annually, based on your expected total, monthly gross income from employment and all other sources.
- Extended Equal Payments
This option allows up to a 25-year repayment term for loan balances between $30,000 and $40,000 of equal payments.
- Extended Select 2/ Payments
This option allows up to a 25-year repayment term for loan balances between $30,000 and $40,000 with the Select 2/Graduated Payment Plan.
- Extended Select 5/ Payments
This option allows up to a 25-year repayment term for loan balances between $30,000 and $40,000 with the Select 5/Graduated Payment Plan.
Because you can choose the repayment option that best suits your financial needs, you are in control of your monthly payments. You may change them as often as you want. Also, because there are no prepayment penalties with a Chiropractic School Loans consolidation, you may repay your balance as early as you choose.
No Credit Checks!
Another great advantage to our federal student loan consolidations is that there are no credit checks involved. This is a great option for students or graduates who have yet to establish a credit history or have less-than-perfect credit. And because there are no credit checks, there is no need for cosigners!
No Fees!
When you consolidate your federal loans with Chiropractic School Loans, you will not have to pay any additional origination fees because our service is completely FREE!
Deferment and Forbearance
Also, because our federal consolidation program is backed by the federal government, we offer federal benefits such as deferment and forbearance options. These options give borrowers the opportunity to temporarily suspend payments due to financial or other hardships that may occur and hinder the borrower's ability to make monthly payments on their loan.
Chiropractic School Loans: Helping Students and Chiropractors
Chiropractic School Loans is committed to helping chiropractic students and professionals achieve all of their educational and financial goals through helping them to manage their student loan debt. Because we offer our incredible services to only those in this select field of study, we can offer our borrowers a higher quality of service.
Our professional loan specialists are ready to help you begin your application and start saving thousands!
|
|
