Thursday, February 01, 2007

Student Loan Consolidation

A neighbour's son, Jonathan, almost had to stop his studies overseas when his father was laid off from his job last year. Jonathan had to resort to taking out a loan to finance his studies. He was then in his sophomore year. Unfortunately, the loan was not enough to cover his expenses and he had to take another loan. He worked during summer hoping to make some money to help out his college tuition but he was still short and soon he had to take out a third loan. He was at wits end until a college-mate recommended that he looked into Student Loan Consolidation. He immediately acted on it and he was glad he did as he is now paying less in interest and finds it easier to manage his debts.

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