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As student loan deadlines approach, consolidation paperwork is beginning to flood the postal system.
Law School Loans is working hard to make sure that its clients never experience the frustration of having their applications lost, misplaced, undelivered, or delivered too late.
"We've been using FedEx overnight delivery to get these applications back and forth across the country for a long time now," said Law School Loans CEO Harrison Barnes. His company not only sends the application paperwork overnight, but they also include prepaid FedEx overnight envelopes for clients to swiftly return paperwork.
Barnes noted that although most student loan companies simply do not have the resources or desire to offer this kind of client care, Law School Loans has always offered this level of service.
"In the past, for important deadlines, we've even had same-day service. I hired couriers to take applications directly from our clients' hands at their homes. No other company would do that."
No matter how far in advance borrowers are warned, deadlines for student loans will always sneak up on a few of them. For example, almost every person with student loans is aware by now that on July 1, interest rates will be rising. They've been warned that consolidating now is the only way to save themselves thousands of dollars in interest.
But Barnes says that even as late as the day before, he knows that his loan specialists will be receiving calls from desperate borrowers who need help consolidating.
"At that point, we will be prepared for those borrowers. We will do whatever it takes to get their applications in on time. I'll put a loan specialist on a plane if that's necessary. We've done it before, and we'll do it again."
Still, the best way to ensure that a loan consolidation is processed quickly is to beat the deadline, not meet it. Borrowers have only 30 days before the next deadline; at that point, interest rates are expected to rise by around 2 percent.
By consolidating their student loans, borrowers can ensure that they keep the currently low interest rates and make just one monthly payment. Law students and attorneys are encouraged to call Law School Loans at 800.659.8344 to begin their consolidation applications immediately
Media Contact:
Carleen Trapp
Law School Loans
Carleen@LawSchoolLoans.com
626.243.1881
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One reason why borrowers fail to begin a federal loan consolidation application is that they are afraid they will not qualify. You need not worry; there are no credit checks or income verifications for our consolidation loans.
