“Cedar Ed’s growth in Private Student Loans has been excellent, but the explosive interest and growth in our Private Student Loan Consolidation program has been particularly impressive,” said CMO Samantha Karageorge.
New York, NY (PRWEB) August 24, 2012
Cedar Education Lending announced that as of July 31, it has processed more than one hundred and fifty million dollars in Private Student Loan Consolidations since initiating its program one year ago.
“Cedar Ed’s growth in Private Student Loans has been excellent, but the explosive interest and growth in our Private Student Loan Consolidation program has been particularly impressive,” said CMO Samantha Karageorge. “The fact that the cumulative amount of student loans now exceeds the country’s credit card debt has been widely discussed in the media. Last October, the federal government introduced an initiative offering aid to those with various federal student loans – an estimated 5.8 million borrowers – enabling them to consolidate their loans and save themselves money. What about those who have additional Private Student Loans? Cedar Ed has focused on helping them consolidate their private loans and at least achieve greater financial flexibility and independence.”
The Cedar Education Private Student Loan Consolidation Calculator allows graduates to plug in all remaining private loan balances and existing monthly payments to determine the potential impact consolidating their Private Student Loans would have on their monthly finances. Visit the Cedar Education Lending website, click on the calculator, and see how easy it is.
About Cedar Education Lending
Cedar Education Lending’s mission is to offer private funding options to students currently pursuing a degree, as well as recent primary and postsecondary graduates, to supplement Federal Loan programs. Our private student loans offer competitive rates as well as attractive borrower benefits. Cedar Ed’s private student loan consolidation programs offer attractive refinancing options for recent graduates.