Student Loan Corporations

By Nigel Kerry

A student loan corporation is a complete financial aid services company that manages loan applications of students and client accounts. There are also a number of student loan corporations that act as civic services and are a part of the state funded loan programs. An example of a student loan corporation would be the Kentucky Higher Education Student Loan Corporation which is a non profit student loan processing service works for the Kentucky State government.

Like other educational loan services, these student loan corporations give students advice on saving for a college education, choosing and applying for the right kind of student loan. They also give detailed and comprehensive information on repaying the loan and at times give options on how to apply for debt consolidation loans.

The Student Loan Corporation is a subsidiary of Citibank and is one of the leading educational lending institutions in the country. They manage the loan accounts of millions of students and thousands of educational institutions. At present, Citibank, in conjunction with the Student Loan Corporation, has joined forces with Yahoo to offer students an online Student Resource Center.

Any student loan corporation handles the business end of college funding. It is an enormous undertaking for each bank, college and university to manage their student loans. The technological demands of such an undertaking have increased the need to outsource data management and critical account services. The business of student loans is a specialized branch of the banking industry. Therefore, most private banks have also become involved in the student loan business.

About the writer: Nigel Kerry is an American free lance writer born in
Los Angeles, California. Kerry writes
Sportsbook reviews, sport book articles
and articles with respect to Sports Betting.

Article Source: http://EzineArticles.com/?expert=Nigel_Kerry
http://EzineArticles.com/?Student-Loan-Corporations&id=473756

Non Profit Debt Consolidation Solutions

By Richard Romando

Non profit debt consolidation is one of the debt management programs adopted to restructure high interest debts into one single loan, without taking out another loan. This avoids several monthly payments and helps borrowers to take control of their financial situation. Non profit debt consolidation serves as an alternative for those who cannot afford the fees charged by profit debt consolidation agencies.

Bank loans, cash loans, credit card bills, IRS, medical bills, and student loans are some of the debts that usually require non profit debt consolidation solutions. Among many of the options available, debt consolidation mortgage is the best solution if you are certain to make repayment duly. They are tax deductible, and are provided against collateral, which may be in the form of home or some other valuable asset. Consumer debt consolidation is another option for debt consolidation. In this case, consumer debt management companies negotiate with creditors on behalf of borrowers for a consolidated payment at a low rate of interest.

A genuine agency can help borrowers to find the best non profit debt consolidation solution. Non profit debt consolidation is usually supported by the federal government through grants. Banks, credit unions, consumer credit counseling agencies, finance companies, registered debt counseling companies, and legal money lenders also provide non profit debt consolidation programs. Since many of the non profit agencies are entitled for tax write offs, they pass this benefit on to their clients by way of reduced rate of interest. The fees charged by these companies are exceptionally low or sometimes even free.

Non profit debt consolidation agencies provide assistance of trained debt specialists to handle debt problems. They educate clients on financial issues and render personal services. However, proper research must be carried out to find whether a non profit debt consolidation agency is bonded, certified, and licensed. The Internet will help you in finding a good debt consolidation agency.

Debt Consolidation Solutions provides detailed information on debt consolidation solutions, online debt consolidation, free debt consolidation, debt consolidation services and more. Debt Consolidation Solutions is affiliated with Non Profit Debt Consolidation Services.

Article Source: http://EzineArticles.com/?expert=Richard_Romando
http://EzineArticles.com/?Non-Profit-Debt-Consolidation-Solutions&id=353230