Tuesday, April 10, 2012

Student Loans

I am just now freed from my position with a student loan servicer. I will not tell you which servicer. It does not matter anyway. You cannot pick which servicer you want for your student loans. The Lender chooses the servicer. How do they choose? They say they choose a servicer that will best benefit their customer. But, of course, it is based on quanity + quality + cost.  In the case of government loans-which most loans are now- they try to give some loans to each of  the top performers of student loan servicers.