Friday, May 22, 2009

Citibank Student Loan Consolidation

Citibank student loans are an effective way to pay for college. Even if you have to use all the other financial resources, assistance, you can count on the Citibank loans to help the college. In fact, you should only use private loans to such cases, when all other options for financial assistance has been fully utilized. That's exactly what you need to have private loans, if there is a large gap between the cost of training and the amount of federal grants and loans you have received.

You can get federal student loans through Citibank, as well, which makes for a convenient way to keep track of funds, especially if you find you need more than one loan to make it through the education in one piece. After all of your loans in one place makes it easy to budget and finance in the future easier. In the Stafford loan and consolidation loan, plus all of the available credit from Citibank federal loan options.
Citibank Private Student Loans

Citibank student loans a fantastic way to pay the difference to higher education. The main product offered by Citibank, in addition to federal subsidized and unsubsidized loans CitiAssist loan. In CitiAssist Credit is available for all types, including pupils, students, graduates, law students, medical students and even schoolchildren.

Since many students are just beginning in life, they will require cosigner, to get a loan with interest rate available. Despite this, you can start your credit history from the right to timely payment, when the time comes to begin repayment of your loan.
Advantages CitiAssist Loan

In CitiAssist loan Citibank benefit on several fronts, especially when they are used only to supplement other forms of financial assistance. Some of these benefits include:

* Very low interest rates.
* Ability to use the network, with immediate response.
* Ability to borrow up to the value of education.
* You should not make any payments while in school.
* You can also take a small amount of money as you need.
* With consistent repayment, it is possible to reduce interest rates to 0.75%.

Of course you will be responsible for interest that accrued on your principle, while in school, but it applies to all private loans. The good news is you can deduct up to $ 2500 a year in interest from student loans on your taxes.

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