Welcome to Student Loan Guide
Citi Bank Student Loan Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Benefits of Federal Loan Consolidation
from:A Federal Consolidation Loan allows you to combine one or more of your federal education loans into a new loan that offers you several advantages.
Lower Interest Rate For In-School and In-Grace Consolidation
Borrowers who have a Federal Loan in an in-school or grace period at the time we receive their consolidation application, may benefit from a lower fixed interest rate on the new Federal Consolidation Loan. The difference between a borrower's interest rate during their in-school and/or grace period and during their repayment period can be as high as 0.6%.
Lower Interest Rate for Auto-Debit and On-Time Payment
Receive 0.25% off when you enroll in automatic checking account withdrawal. Add another 1.0% off after
One Lender and One Monthly Payment
With only one lender and one monthly bill, you will find it is easier to manage your debt. You will have only one lender, the Student Loan Network, for all loans included in your Federal Consolidation Loan.
Flexible Repayment Options
You can choose from different plans to repay your Federal Consolidation Loan. These plans are flexible to meet the different needs of borrowers. With a Federal Consolidation Loan, you can switch repayment plans at anytime.
Grace Period
If you consolidate while in-school, you may receive a 6-month grace period before repayment begins.
No Fees
Consolidation is free.
Varied Deferment Options
Federal Consolidation Loans offer several deferment options. If you have exhausted the deferment options on your current Federal education loans, a Federal Consolidation Loan could renew those deferment options. In addition, you may be eligible for additional deferment options if you have an outstanding balance on an FFEL made before July 1, 1993, when you obtain your first Federal Loan.
Reduced Monthly Payments
A Federal Consolidation Loan may lower your monthly payment. The minimum monthly payment on a Federal Consolidation Loan may be lower than the payments on your federal education loans.
Retention of Subsidy Benefits
You will keep any subsidies on your old loans.
Source: US Department of Education and StudentLoanConsolidator.com
Citi Bank Student Loan News
Debt Consolidation Loans for People with Bad Credit – New CitiBank Help - Digital News Report
 Digital News Report | Debt Consolidation Loans for People with Bad Credit – New CitiBank Help Digital News Report Citibank does not require home-ownership. If you do not own a home, the bank will loan up to $7500. There is less paperwork required for renters, ... |
Student Loans Continue After Death - Go Banking Rates
Student Loans Continue After Death Go Banking Rates According to the report, individuals who have co-signed a student loan under Sallie Mae, Citibank or Wells Fargo and have had the primary borrower pass away ... |
How one man recovered from student loan disaster -- and you can, too - WalletPop (blog)
How one man recovered from student loan disaster -- and you can, too WalletPop (blog) All of my student lenders (Citibank, Great Lakes Student Loans and Federal Direct Loans) rejected my forbearance requests, and even scoffed at my deferment ... |
Multiple private college debts - Johnston Sun Rise
Multiple private college debts Johnston Sun Rise Different private lenders like Bank of America, Nellie Mae, Citibank and Sallie Mae feature their own brands of college educational loans that they each ... |
Zero-Down Payment Programs; New FHA Mortgagee Letter; Does the Value of ... - MortgageNewsDaily.com
Zero-Down Payment Programs; New FHA Mortgagee Letter; Does the Value of ... MortgageNewsDaily.com When considering their credit, the bank doesn't take into account the borrower's student loan payments. Another new modification program, announced in March ... |