Student Loan Xpress
Background Information
Student Loan Xpress, also referred to and spelled as Student Loan Express, is a provider of competitive federal and private student loans for students and partner lending institutions that require the services of a management company.
Loans and Services
Student Loan Xpress products include federal PLUS loans, Stafford loans, federal consolidation loans and private consolidation loans. The website posts current interest rates along its margin. Undergraduates have access to informational articles on topics relative to the basics of financial aid, work-study programs and the benefits of comparing types of student loans and their awards.
For Graduates
Graduates are encouraged to look at student loan consolidation as commonly as they did student loans in general. Student Loan Xpress is committed to urging graduates burdened by multiple monthly loan payments to consider the benefits of either a federal or private loan consolidation. The emphasis is not so much on the notion of consolidation as it is on saving big on monthly payments. Lenders are invested in helping graduates manage the risks inherent to both parties in the event of a defaulted student loan.
For Parents
Parents who apply for a Student Loan Xpress Parent PLUS Loan receive extra incentives and bonuses not typical of other student loan providers. Remember, Parent PLUS Loans are credit-based so borrowers must agree to a credit check. In most cases if the loan is not approved based on the merit of the credit report, parents must explore other options. Not necessarily so with the Student Loan Xpress Parent PLUS loan. The loan is bundled with a handful of bonuses including "A Second Look" program which guarantees parents a second chance for the PLUS loan approval including a consultation with a credit adviser.
Private Loans
Student Loan Xpress student loans are the provider's brand of private loans. They offer one designed for all types of students including medical students and law students. Private loans are useful for augmenting other college expenses. In most cases you may be eligible to borrow as little or as much as you need to. Most federal loans do not come close to providing the funds necessary to pay for all the costly aspects of earning a degree.
Student Loan Xpress was founded in 2001 and is now one of the top leaders in volume for student loans in the country. Perhaps one of the most appealing characteristics of Student Loan Xpress is its snappy, hip website. The student loan services provider appeals on a basic level to undergraduate students, graduate students and parents alike who require a fair amount of guidance in making student loan decisions.
