College Loan Consolidation, Federal Loan Consolidation, Private Loan Consolidation, Student Loan Consolidation

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EdFed — Fastest Consolidations in the Country

PASADENA, Calif., June 6 /PRNewswire

In their attempt to consolidate their student loans, many students and graduates are spending valuable time on hold with lenders and waiting weeks for returned paperwork.

Fortunately, EdFed's clients are not among these. Because of EdFed's unique E-Signature process, borrowers can fully complete an online application for student loan consolidation in as little as one hour.

If a borrower prefers to print out a paper application and physically sign the document, EdFed will send a next-day FedEx label so the application can be completed and received within 24 hours.

Consolidating is very important, especially because it saves borrower's thousands of dollars over the life of their education loans.

Graduate students who carry higher loan balances can expect to lose amounts ranging from $10,000 to $50,000 or more.

Consolidation combines all of a borrower's student loans into one loan with a low, fixed interest rate. All it takes is a quick and simple phone call to EdFed's loan specialists at 800.821.5659.

Once a borrower is connected with a loan specialist, the application can be completed over the phone in around 10 minutes. EdFed's clients can then choose to E-Sign an electronic application online; these customers can complete their consolidation applications in less than one hour and never worry about their student loans again.

Customers who prefer a pen-and-paper signature process will be emailed a completed copy of their applications to print and sign. They will also be emailed a printable FedEx label for overnight delivery of their applications.

The timeline for disbursement of a consolidation loan can range between one week and two months, depending on how cooperative the original lender is. EdFed's loan specialists follow up with these companies on a daily basis to ensure timely disbursement of all loans.

Media Contact:
Carleen Trapp

How EdFed Helped others!
EdFed saved me thousands of dollars! They gave me a low-fixed interest rate, borrower benefits, and low monthly payments. My loan counselors walked me through each step of the application process, and I felt very comfortable with my choice to consolidate with EdFed. I recommended EdFed to several of my classmates, and they too have had great experiences. I am so glad I found out what EdFed has to offer, there really is a difference between lenders!
- David G.  Dallas, TX
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Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.

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