Premier student bank loans, customer services - HollywoodsMagazine

Premier student bank loans, customer services

The Premier Bank Genius Account provides students with simple and modern banking services. Premier Bank will always be by your side while you develop your future, no matter where your opportunities are in the country or abroad. It applies the amount of payment savings you set to your highest-interest non-student loan debt. When the balance is pay off, the next highest rate balance will be pay down. This process continues until all of your balances have been paid off and your non-student loan debt is completely paid off. Scroll down to know more information regarding Premier student bank loans, customer services, and its plans and key features.

What are the Key Features and benefits of Premier student bank loans?

  • Best interest Rate
  • Interest will be credited half yearly.
  • Account opening balance is Tk. 1,000.00
  • Free Master Card/VISA Debit Card.
  • Free Pay order issue
  • Discount on Student File opening.
  •  Quick & easy processing
  • Online banking facility
  • Comes with Visa Debit Card & Cheque Book Facility

What services does Premier Student Loan Center offer? What are the customer services?

Premier Student bank loans Center advertises itself as a document preparation firm on its website. You will be guide “to assess your goals and needs” after interacting with a representative, and the company will identify the finest loan programs offer by the US Department of Education that you qualify for. The website warns that “many of the programs can change without warning and can be difficult to browse or find on your own.”

Premier Student Loan Center positions itself as a require intermediary by implying that handling your student loan debt on your own is too complicate. They claim to be able to assist borrowers with loan consolidation and federal loan forgiveness.

For these services, the company charges borrowers five or six monthly installments of $200-$239, plus $20-$40 payments that apparently go toward paying off the debt, according to multiple reviews on the Better Business Bureau website. One reviewer stated that they paid the company $1,395.

Is Premier  Loan legit for students?

It is not against the law for a company to charge a fee to assist you with your student loans. However, the truth is that you do not need to pay for assistance.

In fact, many of the services offered by the organization are free, such as lowering your monthly payment, assisting you with the consolidation procedure, or even determining whether you qualify for loan forgiveness.

You can work directly with your loan servicer for free instead of paying a third-party organization to assist you sort out your student loan debt concerns.

What is the Term of the new loan?

Your new consolidated student loan will have a period of 30 years if you owe $60,000 or more, 25 years if you owe $40,000 or more, 20 years if you owe $20,000 or more, and 15 years if you owe $10,000 or more. A 12-year period applies to any amount under $10,000.