These days, it is not surprising that most students pursue a higher form of education to be competitive in the labor market will find themselves engaging more loans. Six months after graduation, they must begin to repay all the loans they have incurred. However not all be hired immediately. What then should a student do to pay his bills mounting? It can be a very difficult time for everyone who is under pressure to find a job at the same time, struggles to make ends meet. One of the best solution to this problem is to apply for a consolidation of student loans offered by Citibank.
Citibank, a financial institution in the world, offers a comfortable and easy to manage solution to manage their various loans. That loans that are private or public, will be integrated into one. The effect of this course have a lot of pressure from struggling to pay their bills. It simply means that Citibank will be the pay all outstanding loans and the amount paid is another loan that you take.
The consolidation program student loan offered by Citibank gives you a chance to choose a longer repayment terms up to 30 years. longer repayment period means lower monthly amount. Certainly, it is to your advantage if you're still trying to find stable employment.
An important advantage in the consolidation of student loans through Citibank is to obtain a fixed interest rate for the period of the loan. This rate is slightly lower compared with other types of individual loan. You can be sure that even if there will be an increase in interest rates in the current market in the future, your loan interest rate will not be affected.
Citibank provides loans to its benefits borrowers. If you are enrolled in the payment of direct debit, the bank will give you the ¼% discount rate. Other interest subsidy percent will be granted when you are able to maintain a good condition and payments to date for the next 36 months. These are wonderful benefits that Citibank to encourage their customers to build and maintain good credit. Get a good credit score is very beneficial for future action that apply to car loans, home and business.
Being able to get approval when applying for student loan consolidation Citibank, it is an important requirement that you must prove you have a good credit rating. It takes several weeks for the bank to consider your request.