San Diego, CA (PRWEB) August 6, 2007
Blue Label Financial recently launched into the student consolidation loan market and moved into permanent offices May '07. President Jesse Freitas said: "We recognized that graduates with Federal student loans often find loan payments plus normal expenses of rent, transportation, etc. greater than their income from a new job. Or, students simply don't have enough disposable income to relieve financial stress. A loan consolidation offers students the opportunity to reduce monthly loan payments by approximately 50% and better manage their debt obligations. This is a rapidly growing market we want to participate in. There is a real need here, and we intend to provide the best loan to meet the needs of each student."
Blue Label Financial offers several consolidation plans with fixed interest rates that extend the term of the student's loan(s). This reduces monthly payments to a more affordable level. For students who qualify for a Benefits program, the interest rate can be reduced an additional 1.25%. Contact Blue Label Financial for additional information.
Jesse Freitas, President of Blue Label Financial, had 5 years background in the mortgage industry before joining Blue Label Financial. Freitas consolidated his own Federal student loans and saw an increasing need for other graduates to do the same. With the overall downturn in the mortgage industry for new homes and refinances, he decided to specialize in student loan consolidation, where he sees a tremendous growth opportunity. He places particular emphasis on educating students about loan consolidation and their options. Blue Label Financial specializes in consolidating student loans and has the following mission statement: "Our goal is to find the best loan to meet the needs of each student."