Students with private education loans take note- not all private consolidation loans are created equal. National lender Student Loan Xpress, a CIT company (NYSE: CIT - News), today introduced a new private consolidation loan with uniquely favorable terms for today’s graduates.

“With education costs soaring, more students are taking advantage of private education loans to help pay for college,” said Fabrizio Balestri, President, Student Loan Xpress. “Finding the right private consolidation loan is critical to help students manage their post-graduate finances.”

The Student Loan Xpress Private Consolidation Loan offers these benefits for applicants in good credit standing:

* Low, variable interest rate-currently as low as 7.44%
* Additional immediate interest rate reduction of .25% available for
borrowers choosing to make automated payments
* Low fees
* A 30-year repayment term with no prepayment penalty, regardless of loan
balance
* Easy repayment terms including interest-only payments for two or five
years

For more information about the Private Consolidation Loan and Student Loan Xpress, call 1-866-SLX-PRES or visit http://www.studentloanxpress.com.

ABOUT STUDENT LOAN XPRESS

Student Loan Xpress, a CIT company, is a national lender of federal Stafford, PLUS, and consolidation loans, as well as private loans. Based in San Diego, Student Loan Xpress is a preferred lender at nearly 1,000 colleges and universities. Its family of companies includes financialaid.com, one of the leading online financial aid destinations, and Xpress Loan Servicing, a national servicer of federal and private loans.

ABOUT CIT

CIT Group Inc. (NYSE: CIT - News), a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. Founded in 1908, CIT has over $65 billion in assets under management and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries worldwide. CIT, a Fortune 500 company and a component of the S&P 500 Index, holds leading positions in vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset- based lending. With its Global Headquarters in New York City, CIT has approximately 6,600 employees in locations throughout North America, Europe, Latin and South America, and the Pacific Rim. For more information, visit http://www.cit.com.

Source: Student Loan Xpress

This entry was posted by Taman Siswa on Friday, May 5, 2006 at 10:32 am and is filed under Student Loan. Tags: advisory services, CIT Group Inc., clients with financing and leasing products, College, consumer finance, Education News, Europe, Fabrizio Balestri, Financial Aid, Global Headquarters, Loans, New York City, North America, Pacific Rim, preferred lender, San Diego, Small Business Administration, South America, Student, Student Loan, Student Loan Xpress, . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.