Banks Trying To Attract Customers With Products To Reduce, Repay Student Loans

“With student loan debt in the U.S. now well beyond $1 trillion, everyone seems eager to get into the debt-reduction business. Some cities will pay down your debt if you move there, while a growing number of employers are making loan payment contributions part of the benefits package. Now some financial institutions are dangling the debt-reduction carrot in front of potential customers — but should you bite?” …

https://consumerist.com/2016/06/22/banks-trying-to-attract-customers-with-products-to-reduce-repay-student-loans/

More: http://www.marketwatch.com/story/companies-are-trying-to-lure-customers-with-offers-of-student-loan-help-2016-06-21

remember when banks gave you a free toaster when you opened an account. I could use a new toaster. not debt consolidation from a bank that some how or another will wind up costing me more than my initial loan.