Consolidating career training loans

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If you want to take a vocational course, to help your career or to find work, but you do not have the funds to pay for it you may be eligible for a Professional and Career Development Loan.Whether it’s a postgraduate course like an MSc or MA or technician level training in something like plumbing, Professional and Career Development Loans are available for quite a wide range of courses.As taking out any kind of loan is a big decision you should think if you have any other options before you commit to one.If you have any savings it might be beneficial to use these instead, as any interest you earn from your savings may be less than the interest you are charged on your loan.Our data-driven evaluation of your full financial profile gives us the ability to offer qualified borrowers lower, more personalized rates than traditional lenders can.So whether you want to pay off your student faster or just reduce your student loan payments, we can help.In addition to their extensive in-house services, Sallie Mae also acts as administrators for their client’s Federal student loans.College students will find that Sallie Mae can address all of their education related financial needs.

For those students, Sallie Mae offers five loan repayment options designed to address the borrower’s changing financial situation.Federal Consolidation Loans allow borrowers to combine multiple Federal student loans into one more manageable loan, resulting in lower monthly payments.Students considering loan consolidation should understand that the process often extends the overall life of their loans, and will result in an increase in total interest costs.The company offers a variety of student specific loans, including loans for undergraduate and graduate students, loans for career training, loans for medical and dental residencies, and loans for law students preparing for their bar exams.Sallie Mae also offers extensive 529 College Savings Plans for students and their families, as well as banking services and student friendly insurance policies for health, auto, home and tuition.

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