ÿþ<html> <head> <meta http-equiv="Content-Language" content="en-us"> <meta name="GENERATOR" content="Microsoft FrontPage 5.0"> <meta name="ProgId" content="FrontPage.Editor.Document"> <meta http-equiv="Content-Type" content="text/html; charset=windows-1252"> <title>Accel Finance Student Loan Repayment Benefit Information</title> <meta name="keywords" content="private student loans, private student loan, private students loans, private college student loans, private loan consolidation, private student loan consolidation, private student loans consolidation, private student loan consolidation, private students loans consolidation, private college student loans consolidation, student loan consolidation rates, student loan consolidation calculator, compare student loan consolidation, student loan consolidation rate, student loan consolidation interest rate" /> <meta name="description" content="Accel Finance provides information and research on private student loans and private student loan consolidation. Everything for Student Loan Consolidation research, calculators, low interest rates, research, compare results. Educate yourself and prepare to get the best rates available. <meta name="Microsoft Border" content="tlb, default"> </head> <body><!--msnavigation--><table border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td><p align="center"><br>&nbsp;</p> <div align="justify"> <table height="160" cellSpacing="0" cellPadding="0" width="100%" border="0"> <tr> <td width="33%" height="160"> <img height="238" src="_borders/Accel_Logo.jpg" width="236" border="0"></td> <td vAlign="bottom" align="middle" width="67%" height="160">If you have questions we are available by telephone or email when you need us.<blink><b><i><font color="#ff0000" size="5"><br> </font><font color="#009900" size="5">888.210.5231</font></i></b></blink> <p>&nbsp;</p> <div align="center"> <center> <table cellSpacing="1" width="100%" border="2"> <tr> <td borderColor="#006699" align="middle" width="33%" bgColor="#009900"> <a href="apply.htm">Apply Now</a></td> <td borderColor="#006699" align="middle" width="33%" bgColor="#009900">&nbsp;</td> <td borderColor="#006699" align="middle" width="34%" bgColor="#009900"> <a href="http://www.accelfinance.com/contact.htm">Contact Us</a></td> </tr> </table> </center> </div> </td> </tr> </table> </div> </td></tr><!--msnavigation--></table><!--msnavigation--><table dir="ltr" border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td valign="top" width="1%"> <table cellSpacing="0" cellPadding="0" width="100%" border="0"> <tr> <td>&nbsp;</td> </tr> </table> <table cellSpacing="0" cellPadding="0" width="100%" border="0"> <tr> <td vAlign="top" width="1%"> <div align="justify"> <table borderColor="#006699" cellSpacing="1" width="100%" border="2"> <tr> <th borderColor="#006699" width="100%" bgColor="#009900"> <a href="private.htm"><font color="#ffffff">Private Loan</font></a></th> </tr> </table> </div> <div align="justify"> <table borderColor="#006699" cellSpacing="1" width="100%" border="2"> <tr> <th borderColor="#006699" width="100%" bgColor="#009900"> <a href="privateparent.htm"><font color="#FFFFFF">Private Loan Parent Info</font></a></th> </tr> </table> </div> </td> </tr> </table> <div align="justify"> <table borderColor="#006699" cellSpacing="1" width="100%" border="2"> <tr> <th borderColor="#006699" width="100%" bgColor="#009900">&nbsp;</th> </tr> </table> </div> <div align="justify"> <table borderColor="#006699" cellSpacing="1" width="100%" border="2"> <tr> <th borderColor="#006699" width="100%" bgColor="#009900"> <a href="consolidation.htm"><font color="#FFFFFF">Consolidation Loan</font></a></th> </tr> </table> </div> <div align="justify"> <table borderColor="#006699" cellSpacing="1" width="100%" border="2"> <tr> <th borderColor="#006699" width="100%" bgColor="#009900">&nbsp;</th> </tr> </table> </div> <div align="justify"> <table borderColor="#006699" cellSpacing="1" width="100%" border="2"> <tr> <th borderColor="#006699" width="100%" bgColor="#009900"> <a href="repayment%20benefits.htm"><font color="#FFFFFF">Benefits of in School Payments</font></a></th> </tr> </table> </div> <div align="justify"> <table borderColor="#006699" cellSpacing="1" width="100%" border="2"> <tr> <th borderColor="#006699" width="100%" bgColor="#009900"> <a href="rates.htm"><font color="#FFFFFF">Rates &amp; Fees</font></a></th> </tr> </table> </div> <div align="justify"> <table borderColor="#006699" cellSpacing="1" width="100%" border="2"> <tr> <th borderColor="#006699" width="100%" bgColor="#009900">&nbsp;</th> </tr> </table> </div> </td><td valign="top" width="24"></td><!--msnavigation--><td valign="top"> <p><strong>What repayment options are available?</strong></p> <p>Going into debt for college is a necessary evil for many families in order to achieve the goal of higher education. The problem is that managing debt after graduation can become an overwhelming task. That is because while a student is in school debt can continue to build. Only the Subsidized Stafford loan and the Perkins loan have interest paid for by the government on behalf of the student while they attend class. However unsubsidized Stafford loans and private loans <em>will</em> accrue interest while the student is in school. With interest compounding over the four or five years a student takes to complete an undergraduate degree, debts can really stack up. </p> <p>Debt that quietly accumulates while in school turns into a roaring necessary payment every month for many years to come. Students enter a state of shock when they realize how massive the payments are on their student loans after graduation. That shock is a result of the level of ignorance student s have about their debt. If they are not educated properly and if they have no experience in dealing with their debts while they are in school, then it becomes even more painful when they are out of school. Some students march right back into Grad school just to avoid the payments, but this takes them even further into debt. There has to be a better solution.</p> <p>Enter In School Payments. It s simple. While the student is in school a standard minimum monthly payment towards the loan is established. This achieves three goals. First, it develops a healthy debt repayment habit that is so desperately needed amongst the indebted. Second, it greatly reduces debt outstanding when compared to not making any payments while in school. Third, it allows for the student to develop a positive credit history putting them in much better position to apply for future critical loans such as mortgages.</p> <p>The ability to make a payment towards loans while in school has been available for Stafford loans for many years now. The option has generally been available for private loans as well, but certainly not promoted or generally ignored by the public. Most student borrowers would elect to defer loan payments until after graduation. This has been the status quo until today where we see college graduates finishing school without any debt management skills, but a huge loan payment due. Slim job prospects have not helped the situation either. It is the most disciplined student borrowers that learned to manage their debts appropriately that have positioned themselves apart from their fellow class mates to strive for success after graduation.<br> &nbsp;</p> <!--msnavigation--></td></tr><!--msnavigation--></table><!--msnavigation--><table border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td> <table cellSpacing="0" cellPadding="0" width="100%" border="0"> <tr> <td vAlign="top">&nbsp;</td> </tr> </table> <table cellSpacing="0" cellPadding="0" width="100%" border="0"> <tr> <td> <p align="center"><a href="apply.htm"><img src="_borders/apply.jpg" border="0" width="468" height="60"></a></p> <p align="center"><a href="http://www.accelfinance.com/about.htm">About Us</a> | <a href="http://www.accelfinance.com/privacy.htm">Privacy Policy</a> | <a href="http://www.accelfinance.com/contact.htm">Contact Us</a> </p> <p align="center"><font size="1">Accel Finance offers this Private Education Loan through an arrangement with cuStudent Loans, Inc. All loans are subject to credit approval. Equal Opportunity Lender. <span id="ctl00_LabelCoName"> Accel Finance</span> may be compensated for the referral of private student loan and/or private consolidation loan customers to the lender. All Rights Reserved.<br> </font><br> &nbsp;</p> <h5 align="center">Send mail to <a href="mailto:webmaster@accelfinance.com"> webmaster@accelfinance.com</a> with questions or comments about this web site.<br> Copyright © 2008 Accel Finance, LLC<br> &nbsp;</h5> </td> </tr> </table> <p>&nbsp;</p> </td></tr><!--msnavigation--></table></body> </html>