Our goal for this tool is to allow students to make more informed college financing decisions
Quincy, MA (Vocus) June 30, 2010
PrivateStudentLoans.com, a subsidiary of the Student Loan Network, recently enhanced its popular online private student loan comparison tool, allowing high school and college students and their families to browse and apply for more private loan options than ever before.
The improved comparison tool allows students to compare up to six private loan lenders on a single page, with information about each lender's products - including fees, interest rate ranges and repayment options. Already a trusted source for finding and applying for alternative financial aid, PrivateStudentLoans.com continues to add major loan providers to its already-impressive roster of industry-leading lenders.
Many students need money for school on short notice, and as a result, do not research their options as well as they should. When applying for a private student loan, a borrower should research the interest rates, fees and repayment processes for each individual loan. “Our goal for this tool is to allow students to make more informed college financing decisions,” said Jonathan Rudy, Director of Student Loans. “By continuing to add lenders and improve the functionality of the comparison tool, we are giving borrowers and their families more options than ever before, making it easier for students to find the right private student loan to fit their needs.”
Since its initial debut in January, the private student loan comparison tool, as part of PrivateStudentLoans.com, has provided both at-a-glance and detailed information about private student loans from a variety of different lenders, as well as the opportunity to apply online.
PrivateStudentLoans.com is an industry-leading website with over 2 million visitors expected in 2010. In addition to the comparison tool, the site also provides information on the benefits and eligibility requirements of private student loans and how they compare with federal direct loans. To further encourage students to make responsible borrowing decisions, the site also features a private student loan repayment calculator. This tool allows students to estimate what their private student loan monthly payments will be once they go into repayment.
For more information, or to arrange an interview, contact:
press (at) edvisors.com
About Student Loan Network and Edvisors:
Student Loan Network, an Edvisors (http://www.Edvisors.com) online education company is one of the nation’s fastest growing providers of student loan related information. We help undergraduate students, graduate students, and their families access federal and private student loans, as well as consolidation services. To help make the financial aid process less stressful Student Loan Network delivers student loan resources including, financial aid blogs and e-books, and the monthly Financial Aid Newsletter. Each year more than 10 million students, parents, and financial aid professionals rely on these resources.
For more than eleven years Edvisors has helped students and their families access to student loans, scholarships, and other financial aid resources to help make education affordable. We deliver on our mission to provide a richer, more fulfilling education experience to students, educators and parents by providing an unmatched portfolio of education-related information and services through Edvisors Student Services, Student Loan Network, and the Edvisors Education Foundation.
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