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                Online Student Loan Consolidation

 

Online student loan consolidation increases transaction rate 300 percent with electronic signature service. With this implementation the company provides faster access and more efficient loan servicing to thousands of people.

Student Financial Advisors announced today a student loan consolidation service that will greatly increase the rate at which student consolidations get processed, that is electronic signature service. One of the fastest growing providers of education consolidation loans in the U.S., will automate its signing process with electronic signatures.

We expect within its first few months of use, e-sign will improve the efficiency in the rate at which student loan refinance can happen and enhance customer service as well as supporting compliance with FFIEC regulations. This approach to government student loan consolidation will deliver a seamless flow that will contribute to a significant decrease in the number of applications requiring follow-up. We expect to process 300 percent more loan applications than in the previous week and the e-sign system will never miss quote.

We expect within the first two months after implementing the online loan application which will incorporate the electronic signature solution that more than 80 percent of our applications received through the online process will be e-signed, automatically encrypted and digitally archived using the solution. While the driver for adding electronic signing to the loan process will be to improve customer service, we expect thee additional benefit of mail costs dropping 75 percent for applications completed through the online process.

While looking for a seamless customer service solution, we are fortunate to have found a synergy with electronic signature that gives us exponential benefits. We are planning more e-signature implementations.

Student Financial advisors is one of the fastest growing student loan consolidation companies in the United States. Headquartered in Fort Lauderdale, FL the company mission is to assure cost-effective educational access to millions of people.

With the hardships currently effecting recent graduates Student Financial Advisors is committed to offering consolidation programs that can lighten the burden of high student loan repayments.

Tuition costs have doubled for private colleges and more than doubled for public institutions over the past twenty years. Limits on federal loans have barely risen over the past decade. It is estimated that many families will need to use more than one loan to cover their college costs each year. In some cases, families will be forced to use three financing options, if not more. Multiply the number of loans needed by a four-year education, and American families are faced with 10 to 12 loans that need to be repaid after graduation. That is were Student Financial Advisors come in to play, by offering a straight forward student loan consolidation program, we intend to make it as affordable as possible for recent graduates.

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