“We truly care about our customers, and this partnership with BHG enables us to extend our products and services to its vast network of healthcare professionals."
Knoxville, Tenn (PRWEB) October 18, 2016
Education Loan Finance, Inc. (“ELFI”), offering an innovative student loan debt refinancing and loan consolidation program, announces its new partnership with Bankers Healthcare Group (“BHG”), a leading provider of financial solutions for healthcare professionals, to provide student loan refinancing products to BHG’s customers.
According to the Association of American Medical Colleges’ 2015 estimate from its Annual Survey of Residents, 81% of medical students graduate with a mean student loan indebtedness of $180,723. Since medical professionals carry some of the highest education debt loads among college graduates, refinancing their student loans with an ELFI product affords them the opportunity to reduce long-term total costs and the burden of their student loan debt.
ELFI offers customizable refinancing options for repaying student debt, including loan amounts from $15,000 to $250,000 and terms from five to 20 years, with variable rates as low as 2.19% APR and fixed rates as low as 3.49% APR. ELFI’s management team, with over 30 years of experience in the student loan industry, is eager to meet the unique needs and demanding schedules of BHG clients with a no-hassle student loan refinancing and consolidation process.
“We truly care about our customers, and this partnership with BHG enables us to extend our products and services to its vast network of healthcare professionals. We don't believe in a one-size-fits-all approach, and we will custom tailor student loan repayment plans to meet specific goals and needs of our customers,” said Barbara Thomas, Executive Vice President of SouthEast Bank and head of the ELFI loan program. “Our simple online application process offers busy healthcare professionals a quick and easy way to refinance their high-cost student loan debt.”
By refinancing all or a portion of a borrower’s student loans through one of ELFI’s refinance options, borrowers can consolidate both their federal and private student loans into a single loan with one monthly payment, with no origination fees or prepayment penalties.
For more information about student loan refinancing for healthcare professionals, visit http://www.elfi.com/bhg.