New Student Loan Consolidation Matching Service Goes Online

August 01, 2007 (PRLEAP.COM) Business News
Studentdebtconslidationloan.net is now offering an online student loan consolidation matching service where debtors can get student loan consolidation quotes from multiple lenders with one simple form. This is great for the borrowers because the lenders compete via lower rates.

More people are looking into student debt consolidation loans then ever before. The reason for this is simple, more people are going to college. One of the few problems with this is that more and more americans are using student loans to pay for this education.

Studentdebtconslidationloan.net is now offering an online student loan consolidation matching service where debtors can get student loan consolidation quotes from multiple lenders with one simple form. This is great for the borrowers because the lenders compete via lower rates.

Chris Crenshaw is a vetran web developer who helped develop studentdebtconsolidationloan.net. "After years of doing this in the online insurance industry we thought why wouldn't this work for other industries, everybody wants to save money." Student consolidation interest rates are very low right now so borrowers with loans from two or more years ago can save 20% to 60% depending on their student loan situation. "Our quoting system works with many lenders and will calculate which lenders work best depending on the customers loan situation." The service is no obligation and takes about 5 minutes to complete online.

It's important that student loan borrowers never miss a payment, doing so will only hurt their credit score and future lending opprotunities. Chris adds, "For some reason people don't take student loans as serious as mortgage loans but in the eyes of the lenders it's all the same."

People consolidate student loans for a variety of reasons. This may include lowering the monthly payment to buy a home, have some extra money, or pay off other higher interest debts like credit cards. Either way if you have decided that this might be an option then you should visit this website today for a free no obligation quote.

For additional information on student loan consolidation please visit http://www.studentdebtconsolidationloan.net/