Student Loan Consolidation — It's Your Right, So Take Advantage of It!

A personal note from Paul Simino, President of Loan Consolidation for Profressionals of America ("LCPA"):

Does this sound like your situation? If you're about to graduate college or graduate school, weighed down by the burden of repaying student loans, there is a solution!

Read on...

"My best friend is in his last year in residency...he was on a 7-year track and incurred over $256,000 in Federal Student Loans and another $60,000 in private loans.

He was only making $65K, so he was starting to second-guess the decision he made to become a dermatologist. He was struggling to make payments on his student loans. On top of that, he had no idea how he was going to continue paying his school debt and try to open up his own independent practice.

Fortunately, the government offers payment postponements — deferment and forbearance. By consolidating his loans, my friend was able to extend his repayment term from 10 years to 30 years, which significantly lowered his monthly payments. Further, he qualified for an economic hardship deferment which allowed him to postpone payments on his loans for 3 years!"

That's why Loan Consolidation for Professionals of America ("LCPA") came into being: given my friend's situation, we knew there had to be an alternative solution.

For all you medical residents, interns and fellows, for all you law students, doctoral candidates, for all you nursing, pharmacy and other health care students, in fact, for any of you with student loans — do not dismay!

There is a solution, along with many tools and resources available to help you manage your student loan debt responsibly and plan for your financial future as a doctor, lawyer, professional (or Indian chief -- sorry!).

That solution is student loan consolidation.

Our advice is free and so is the government's program. We as taxpayers pay for it, so you should take advantage of the rights you have as a federal loan borrower. Your debt is an investment in both your future and the future of your profession in this country.

It is our mission to ensure you have well informed, objective, unbiased resources at your disposal. Hopefully, LCPA serves as one of those resources. Any questions that anyone has, please feel free to email me personally or reply to this post....

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Paul Simino, President
Loan Consolidation for Professionals of America
http://www.onesimpleloan.com
psimino@onesimpleloan.com • 1-877-OneSimpleLoan (877-663-7467)
Simplified Loan Solutions!
Student Loan Consolidation • Reconsolidation • Federal Student Loans
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Deferment while in Medical School? Yes!

Did you know that you can take advantage of student loan deferment and/or forbearance while you are in medical school and/or in residency?

There are differect criteria for both circumstances:

1) Medical School
Rule (see http://www.onesimpleloan.com/medical_loans.asp)
As long as you are attending a Title IV eligible institution for 6 credit hours or more, your loans are eligible for an in-school deferment status.

2) Medical Residency
Many Rules (see http://www.onesimpleloan.com/forms.asp)
This link will bring you to two links for Deferment and Forbearance. Click on the appropriate link to find out what criteria is required for either payment postponement option.

Recent College Grads - Maximize Your Savings and Maintain Your Grace Period

If you recently graduated and are still in your grace period (i.e., you have not started repaying your loans), you may be eligible to get an additional 0.60% interest rate reduction for the life of your loans.

Don't delay - this special rate reduction could save you thousands of dollars. You can also request to maintain your grace period while locking in the lowest rate.

Call 1-877-663-7467 or email us at consolidate@onesimpleloan.com.