PRIVATE STUDENT LOAN PROGRAM
PAYING FOR COLLEGE JUST GOT EASIERRecognizing the need for higher education financing for its members, Central Maine Federal Credit Union now offers a private student loan and private student loan refinancing.
With the escalating cost of tuition, Central Maine Federal Credit Union provides students and families with a product to assist them with funding higher education when federal options are exhausted. The Central Maine Federal Credit Union Private Student Loan can help pay for all qualified education expenses, including tuition, room and board, books and computers. This private student loan option also includes a unique financial literacy component that helps students learn responsible repayment habits and build their credit scores while they are still in school.
For recent college graduates currently faced with high interest private student loan debt, Central Maine Federal Credit Union offers a refinancing solution. The Central Maine Federal Credit Union Private Student Loan Refinance combines loans from multiple lenders into one easy payment to reduce the chance of a missed or late payment. This refinancing option can also potentially save thousands of dollars in student loan payments every year, allowing borrowers to put the extra money towards paying off their debt faster.