How did University Loan Relief come up with the possible consolidation savings that shows on the home page and in the calculators?
We had to make some assumptions. Our financial models typically assume that a borrower has loans post-1998 to consolidate and that they will obtain, at a minimum, our auto-debit benefit. We also typically assume that a lower payment is an objective, so we quote using the Graduated payment plan so that the first term is interest only.
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