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April 24th, 2014







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3 Best Credit Consolidation Loan Companies in Arkansas As Reported By …

April 22nd, 2014

Best Debt Consolidation Loans lists the top 3 credit consolidation companies for consumers residing in Arkansas.

Little Rock, Arkansas (PRWEB) April 22, 2014

The website BestDebtConsolidationLoans.org recently did an independent review of the debt consolidation loan programs available to the residents of Arkansas. The goal of this was to provide Arkansans with an objective analysis of the debt consolidation loan options available to them to obtain debt relief and avoid being scammed.

Based on its analysis, BestDebtConsolidationLoans.org identified and is now announcing the top three debt consolidation loan companies or those that ranked highest in its reviews. They are National Debt Relief, CuraDebt and American Debt Enders.

Arkansas residents in general are about average with their debts. As of November 2013, the state’s unemployment was 7.2%, which made it six points higher than the national unemployment rate of 6.6%. Arkansas three largest cites, Little Rock, Fort Smith, and Fayetteville are doing about as well as Arkansas as a whole. This is especially true of Little Rock where the unemployment rate is 7.2% or identical to the state as a whole. The city of Fayetteville fares better with an unemployment rate of 5.9% and the unemployment rate for Fort Smith is on a par with the state at 7.2%.

Arkansas’s total workforce as of November of last year was 1,325,300 meaning that there were approximately 95,000 unemployed workers at that time.

Arkansas residents have an average credit card debt of $4,535, which compares favorably with the national average of $4,879 per borrower. They have an average credit score of 677, which is only a few points lower than the average FICO credit score of 689. It’s median household income is $38,758 and 67.9% of its residents own their homes.

When you combine Arkansas high credit card debt and unemployment rate with poor personal financial management, it becomes clear as to why so many residents are having a problem dealing with their debts. It can be a serious problem to deal with big debt and getting out of debt can be extremely difficult. However, according to BestDebtConsolidationLoans.org, there are trustworthy and ethical debt consolidation loan companies available to help consumers deal with their debts and become debt free.

BestDebtConsolidationLoans.org personnel in selecting the top three companies used six different factors. They were: Debt solution options, fees, customer satisfaction, financial standing, customer service and business ethics.

Given these criteria, BestDebtConsolidationLoans.org awarded the number one spot to National Debt Relief. It provides custom-tailored debt consolidation programs to consumers who have more than $7,500 in debts. It is a very trusted company and has maintained an A rating with the Better Business Bureau for a number of years. National Debt Relief charges no upfront or cancellation fees. This makes it very attractive to first-time customers. In fact, the company charges nothing until it has settled its customers debts to their satisfaction and provided them with an approved payment plan. It is for these reasons that first-time customers are almost always very satisfied with the services they receive from National Debt Relief.

CuraDebt was ranked second by BestDebtConsolidationLoans.org. It specializes in working with consumers who have more than $10,000 in credit card debts. It is able to get its customers the results it promises because of its strong working relationships with the credit card companies. In addition, CuraDebt has debt consolidation programs that go well beyond credit card debts. It is also able to help with tax debts, student loans and defaulted loans.

American Debt Enders is ranked third best by BestDebtConsolidationLoans.org. The company has been in business for the past seven years and is recognized for providing help to customers who have more than $5,000 in debt. Its debt experts are able to handle virtually all types of credit problems and can even help customers improve their credit scores.

Arkansas residents, who would like to learn more about these three credit consolidation loan companies, should visit http://www.bestcreditconsolidationloans.org.

Arizona’s Top 3 Debt Consolidation Loan Companies Named By Best …

April 21st, 2014

Arizona residents get to read on the review for the top 3 debt consolidation companies in their area.

Phoenix, AZ (PRWEB) April 20, 2014

The company BestDebtConsolidationLoans.org recently analyzed debt consolidation loan companies in Arizona. Its goal was to provide Arizonans with objective reviews of the options available to them for debt relief and to avoid being scammed.

The company independently reviewed the various debt consolidation loan programs available to Arizonans who are struggling with debt. It is now announcing the three debt consolidation loan companies that ranked highest based on BestDebtConsolidationLoans.org’s reviews. They are National Debt Relief, CuraDebt and American Debt Enders.

Many Arizonans are struggling with debt. There are several reasons for this, not the least of which is Arizonas unemployment rate. As of November 2013, it was 7.8% ranking it 11th in the US for unemployment. The state’s largest city, Phoenix, has an unemployment rate of 7.5%. The city of Tucson is faring better with an unemployment rate of 6.2% but Flagstaff, the state’s third largest city, was worse at 7.2%.

Arizona’s total workforce as of November of last year was 2,414,000. Given its unemployment rate of 7.8% this means there were approximately 188,292 unemployed workers at that time. Arizona residents have an average credit card debt of $5,011, which is slightly higher than the national average of $4879 per borrower. The state’s residents have an average Experian PLUS credit score of 676, which is only two points lower than the national Experian PLUS average credit score of 678. Its median household income is $ $46,709. This ranks it 30th in the US

Home ownership is 66.8%. This is slightly higher than the national homeownership rate of 65%.

When you combine the states average credit card debt of $5,011 with high unemployment and poor personal financial management, it becomes clear as to why Arizonans are having such a problem managing their debts. Big debt can be an extraordinarily serious problem and getting out of it can be very difficult. However, BestDebtConsolidationLoans.org assures consumers that there are ethical and trustworthy companies available to help them become debt-free.

The BestDebtConsolidationLoans.org’s analysts that reviewed debt consolidation loan companies in Arizona used six different criteria in ranking them. They were customer service, its fees, debt solution options, consumer satisfaction, business ethics and financial standing.

Based on these criteria, BestDebtConsolidationLoans.org ranked National Debt Relief number one – due to its high customer satisfaction and reasonable charges. It specializes in helping Arizonans who owe more than $7500 with custom-designed debt consolidation programs.

National Debt Relief has maintained an A rating with the Better Business Bureau for many years, making it a very trusted company. It charges neither an upfront or cancellation fee, which makes the company very attractive to first-time customers. In fact, National Debt Relief charges nothing until it has satisfactorily settled its customers debts and provided them with an approved payment plan. Its customers are nearly always satisfied with the services they receive from National Debt Relief and their payment plans.

CuraDebt was ranked second by BestDebtConsolidationLoans.org. This company specializes in helping consumers that have more than $10,000 in credit card debts. It has been able to deliver good results because of its close working relationships with the credit card companies. CuraDebt offers flexible debt consolidation programs that go beyond credit card debt reduction, including help with tax debts, student loans and defaulted loans.

American Debt Enders was ranked third by BestDebtConsolidationLoans.org. It has been in business since 2007 and is known for helping consumers who have $5000 or more in debt. The companys debt experts are trained to handle almost all types of credit problems. American Debt Enders is even able to help consumers who need to improve their credit scores.

Arizona residents, who would like to learn more about these three credit consolidation loan companies, should visit http:///http://www.bestcreditconsolidationloans.org.

New Website to Help Borrower’s Consolidate Student Loans

April 19th, 2014

Consultation service offers way for borrower’s to manage and consolidate student debt.

April 18, 2014 /MM-prReach/ —

A new website has launched offering assistance in student loan debt consolidation. Student Loan Assist Inc. is a consultation service, offering a way to make borrowers Federal Student Loan debt monetarily manageable and more flexible.

The Department of Education offers federal debt relief programs in order to promote public service jobs and help those trying to cope with the rising cost of post-secondary education. Student Loan Assist Inc. employs a diversified group of people who are professional, knowledgeable and highly qualified to offer affordable assistance in managing through all the services and government programs that exist for borrowers to successfully reduce their student loan obligations.

“Student Loan Assist started because we know borrowers dont always know that programs exist or how to even manage through the maze of government programs that can drastically lower or even forgive a borrowers financial obligation,” states Claudia Jenkins, Senior Student Loan Debt Advisor. “Our new website allows people to find out more about what we offer and how we can help. It lists the type of loans that are available for consolidation.”

Consolidation loans are used to combine several student loans into one bigger loan from a single lender, which is then used to pay off the balance of the other loans. Consolidation loans are available for most federal loans including the Perkins, Health Professional, Stafford, and NSL. Student Loan Assist will find the best options for the borrower wanting to consolidate their loan and assist in process of creating a more affordable option that may include lower interest rates, tax deductions, and multiple repayments plans. There are even two income-based government student loan relief options based on current income of the borrower that Student Loan Assist can help with. One is the Income-Contingent Repayment Plan and the other is Income -Based Repayment Plan. These plans are designed to be flexible to meet borrowers diverse and changing needs.

For those who would like more information on consolidating student loans, please contact Student Loan Assist Inc. at their new website, studentloandebtforgivenessprogram.com or call 888-264-6733.

Contact Info:
Name: Claudia Jenkins
Email: claudia.jenkins@studentloandebtforgivenessprogram.com
Phone: 888-264-6733
Organization: Student Loan Assist

For more information about us, please visit http://www.prreach.com/pr/6713

Source: http://www.prreach.com/pr/6713

ReleaseID: 40894

Fitch Publishes Exposure Draft for Rating US FFELP ABS

April 19th, 2014

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has published an exposure draft with respect to its
criteria for rating US Federal Family Education Loan Program (FFELP)
ABS. Fitch invites feedback on the proposals during the consultation
period that will end on 30 May 2014. The agency will continue to apply
its current criteria until the finalization of the revised criteria
which Fitch expects to publish in June 2014 following the review of
comments received during the consultation period.

The main proposals upon which feedback is sought are:

–Appropriation of Standard Default Rate Assumptions

The exposure draft discloses the standard default rate assumptions
Fitchs uses in the cash flow modeling when issuer specific data is not
available. These assumptions are based on 22 years of industry FFELP
loan performance. Recent performance data indicates higher defaults for
certain loan and school types and as such Fitch proposes to increase its
default assumptions for these variables to reflect the performance data.

–Longer Default Timing For Consolidation Loans:

Similar to defaults, Fitchs uses industry performance data to derive
default timing curves when issuer specific data is unavailable. Recent
data indicates that the default timing of consolidation loans are evenly
distributed over a longer period of time of at least eight years than
Fitchs initial assumptions of five years. Fitch proposes extending its
curve to reflect performance data.

Ratings Impact

Fitch expects minimal to no impact on existing ratings from the changes
proposed above given multiple compression and other quantitative factors
considered in its analysis.

Additional information is available at www.fitchratings.com

Applicable Criteria and Related Research:

–Global Structured Finance Rating Criteria (May 24, 2013);

–Rating US Federal Family Education Loan Program Student Loan ABS
Criteria Exposure Draft (April 8, 2014).

Applicable Criteria and Related Research: Rating US Federal Family
Education Loan Program Student Loan ABS Criteria Exposure Draft

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=741218

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=708661

Rating US Federal Family Education Loan Program Student Loan ABS
Criteria – Effective Apr. 7, 2011 to Apr. 3, 2012

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=616766

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND
DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING
THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS.
IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE
AVAILABLE ON THE AGENCYS PUBLIC WEBSITE WWW.FITCHRATINGS.COM.
PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS
SITE AT ALL TIMES. FITCHS CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS
OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES
AND PROCEDURES ARE ALSO AVAILABLE FROM THE CODE OF CONDUCT SECTION OF
THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE
RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR
RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY
CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH
WEBSITE.

The 10 Commandments of Saving Money

April 19th, 2014
Rogelio Solis/AP

There are thousands of savings tips that can help you grow your nest egg. Whether they involve brown-bagging it to work or using coupons at the supermarket, these are generally useful savings habits that can give you a leg up on ending each month in the black.

But there are only a few super-sized savings rules that can truly transform your finances. Rules so big they deserve to be etched in stone. So, in a personal finance homage to a film that is the Easter and Passover seasons answer to Christmas and Its a Wonderful Life, I give you The Ten Commandments … of saving.

1. Thou Shalt Know Where Thy Money Goes

When generals go to war, they need an overview of the battlefield. Maps, reconnaissance and data show them where the enemy is susceptible. In the battle for savings, the first thing you have to know is where your money is going.

Sites like Mint.com allow you to connect all your bank accounts, credit card and loans to cloud-based software so you to track your finances on one screen, in real time, with just the click of a button. They also analyze your expenses and highlight areas where you might be wasting money. Best of all, its free.

2. Thou Shalt Eliminate Debt with Extreme Prejudice

If you were only to obey one of these commandments, this would be the one to choose. Debt is bad, but its the interest on that debt thats like kryptonite to your savings goals, and the sooner you eliminate it, the sooner you can become a savings Superman.

Moving debt from high-interest instruments, like credit cards, to lower-interest instruments, like a line of credit, is a start. Consolidation loans can be help as well, but the easiest way to get out of debt fast is to take the interest expense you save and put it directly toward your debts principal amount.

3. Thou Shalt Read the Fine Print

Most people would be shocked at the amount of money that they waste on service charges, convenience fees and annual dues hidden in financial contracts. If that low-interest credit card charges you $99 annually no matter if you use it or not, is it really that great of a deal?

Bank where checks are included and there is no minimum balance requirement. Make sure if you transfer a balance to a lower-interest credit card that there is not a transaction fee attached. And if you rarely or never use that credit card with the annual fee, request that the fee be waive. Most issuers will do it, but if not, cancel the card.

4. Thou Shalt Pay Attention to Timing

At the risk of sounding like a 60s folk-rock star, to everything there is a season, and waiting for the right season to purchase big-ticket items can save you a bundle. For example, car dealers will discount their inventory when the new model year arrives to free up room on their lots, so If you are in the market for a new car, thats the season to buy.

Many big-box retailers and department stores have semiannual sales where you can pick up appliances, electronics and home goods at a discount. The key is to fight against the urge for instant gratification on your purchases.

5. Thou Shalt Keep an Eye on Interest Rates

Even if you are able to pay off most of credit cards and loans, the one debt most people cant pay off is their home mortgage, which is why you should watch interest rates. When interest rates move down, it can be an opportunity to refinance your home loan and save money on your monthly mortgage payment.

But remember, if you just take the money you save and spend it, youre not saving at all. Earmark the difference between your new mortgage payment and your old one for your bank account, or if you plan to live in your home for the life of the loan, put the extra towards your principal and own your home sooner.

6. Thou Shalt Find Money in Thy House

Most people would be surprised to learn just how much money they have laying around their house. Those books youve already read can be sold on Cash4Books or Amazon.com (AMZN), and your old phones and mobile devices can be sold to companies like Gazelle.

Cleaning out the clutter in your home doesnt just feel good but provides you with an opportunity to feed your piggy bank by having a garage or yard sale. And what about those tchotchkes you inherited or your comic book collection? Do you still really want them? If not, try listing them on eBay (EBAY) for some serious cash.

7. Thou Shalt Use Technology to Find Deals

The Internet makes saving money so easy that your grandmother would likely throw her coupon box at your head if she knew. Sites like Groupon (GRPN) and Living Social will send deals on goods and services in to your inbox, and apps like Out of Milk can alert you to store sales just by driving by them.

The Internet also is a great resource for finding free activities for you and your family to do on weekends, holidays and school breaks.

8. Thou Shalt Not Forget to Prioritize Your Retirement

This is a tough, because its hard to save money now that you dont expect to use for 30 or 40 years. But like it or not, there is going to come a time when your earning years are over and we will all need a retirement fund to bankroll the golden years. So if you dont want yours to be bronze years, you have to make retirement saving a priority.

The good news is that you have many years to accumulate those funds and to let them grow, which means that small amounts of savings directed towards it can go a long way. For example, you can take a percentage out of every saved dollar, say 25 percent, and earmark it for your retirement. This is an easy and painless way to create both a short-term and long-term savings fund.

9. Thou Shalt Not Try to Keep Up With the Joneses

A huge part of winning the saving game is changing your mindset about how you think of money and what its function is. Too often we get caught up in the game of keeping up with the Joneses and buy things we dont really want — and certainly dont need — just to keep up appearances.

Home Refinance Loans for Bad Credit Now Offered by Complete Home Loans

April 19th, 2014

Getting approved for a home refinance just got easier with the new online lending system provided by Complete Home Loans

Seattle, WA (PRWEB) April 17, 2014

Now, people who are looking to get approved instantly for a home refinance loan can get accepted with the easy online application provided by the popular refinance lending network at Complete Home Loans. America’s favorite home lending resource is now able to easily accept people with good credit and bad credit for a refinance.

https://completehomeloans.net/application-form/ – 60 second application form

The application process is straightforward and can be done from a personal computer or mobile device in about 60 seconds. After the applicant has submitted their information Complete Home Loans matches their information to a lender who can get them approved for a home mortgage refinance.

It’s imperative that home refinance loan shoppers consider their credit score when applying.

Consumers who have bad credit are encouraged to get their credit score checked after filling out the free online application provided by Complete Home Loans. Bad credit can be fixed. The first step to fixing issues is to know where they are coming from. Complete Home Loans has helped thousands of people with bad credit save money on their home loan by getting a credit score check.

About Complete Home Loans:

The Home purchase, equity, and refinancing loan company services customers across America no matter their credit history. They specialize in matching people with good, bad, or no credit to lenders who may be able to qualify them for a home loan. Their network of lenders is the largest in the United States and offers low interest financing to home owners or shoppers.

People who’ve been turned down in the past are able to use their easy online application form to instantly get approved for a loan (no matter their credit history).

For the original version on PRWeb visit: http://www.prweb.com/releases/home-refinance-loans/for-bad-credit/prweb11772395.htm

Positives and negatives of the loan forgiveness program

April 18th, 2014
Wipe our Debt (Photo credit: Images_of_Money)

According to this year’s CSU Financial Aid Guide, the average direct loan debt for spring graduates was almost $29,000 last year. For students going into public service, these debts can be erased with the Public Service Loan Forgiveness Program.

The program was established in October of 2007 by the College Cost Reduction and Access Act of 2007 for students going into majors related to public service. After 10 years of full-time public service work and 120 monthly payments in loan repayment, all remaining debt is forgiven.

“If you remain in a public service position for 10 years while you’re making your loan payments, at the end of that 10 year period, whatever is left of your unpaid loan debt will be forgiven,” said Tom Biedscheid, director of Student Financial Services.

According to the Student Financial Aid Office of the US Department of Education, any loans given under Direct Loan Programs — subsidized or unsubsidized Stafford/Ford loans, Direct PLUS loans or Direct Consolidation loans — are eligible for loan forgiveness.

“I love the program — it’s a great thing,” Biedscheid said. “Instead of students with those graduate degrees always going for the jobs that make the big bucks, it encourages them to go into positions that don’t make as much money, but are just as important.”

According to a post on the Public and Commercial Services Union’s website last year, the average salary of a full-time employee in public services is about $30,000.

With that in mind, Student Financial Services recommends any graduate students going into the public services field to enroll in this program.

“I know the teaching profession isn’t going to make me a millionaire,” said Chelsea Geier, a fifth-year senior getting her masters degree in English Education. “With over $30,000 in loan debt, it’s relieving to know that I won’t have to pay all of it off myself.”

Yet, being forgiven isn’t as easy as it sounds. According to Professor Daniela Castillo, a full-time instructor in the JTC department who enrolled in the program six months ago, the program is riddled with hassles.

“You have to be on this income contingent repayment plan which means they take your income and calculate what your monthly payments should be,” Castillo said. “The problem is that because I’m married and my husband works at HP as a senior engineer, my payments went from something ridiculous like $650 a month to somewhere around $1,500.”

The program has a series of qualifications and graduates must meet all of the requirements. Another unsteady element of the program is that because it started in 2007, no one has actually completed the program to see the full results.

“There is a little fear about the program,” Castillo said. “Although the paperwork says there won’t be any changes, you don’t know. The next president could blow a gasket and end the whole thing.”

Even though the effectiveness of the program is yet to be seen, overall it’s seen as a helpful way for graduates to pay off their loan debt.

“I would definitely recommend it,” Castillo said. “Especially for someone like me who has over $110,000 in loan debt.”

Collegian Reporter Rick Cookson can be reached at news@collegian.com.

3 Best Credit Consolidation Loan Companies In Providence, Rhode Island …

April 18th, 2014

Providence, RI (PRWEB) April 04, 2014

Best Debt Consolidation Loans provided the residents of Providence, Rhode Island with a list of the 3 best companies that offer credit consolidation loans in the state. The list of companies reviewed on http://www.BestDebtConsolidationLoans.org can actually be hired by any resident living in the state of Rhode Island.

The reviewers of the website looked at several companies in the state and selected the top three companies that scored high in their list of criteria. While there are many qualities of a great debt relief company, the reviewers concentrated on three. The first is customer satisfaction. The second is all about the debt solutions that are offered to consumers. The third involves the reasonable fees that they charge their clients.

Of all the companies they reviewed, three ranked high on the list: National Debt Relief, CuraDebt and American Debt Enders.

With a perfect 5 star rating, National Debt Relief is the clear winner with their custom tailored debt solutions. They look over the debt and financial situation of the client before they come up with a debt relief program that is perfect for their specific problem. They even consider the type of debt and the creditor of the client. The reviewers of Best Debt Consolidation Loans are also impressed by the consistent A ranking that the company received from the Better Business Bureau. With a debt amount of $7,500 or more, residents in Rhode Island can avail of the companys service.

The second company on the list is CuraDebt and they got a 4 star rating. The company is also known for providing consumers with a custom debt relief program. Not only that, their long tenure in the industry allowed them to establish a respectable working relationship with various credit card companies. This allowed them to be more effective as they negotiated debts of $10,000 or more. They can help with credit card debt, student loans, tax debts and other defaulted loans.

The last company on the list is American Debt Enders. This company got a 4 star rating from the reviewers of Best Debt Consolidation Loans. The company stood out because they are known to employ the most compassionate and honest debt experts. This raised their customer satisfaction level. With a debt amount of $5,000 or more, their clients can enjoy quality service and expertise. In case they need help with credit repair, this is also a service that the company can provide.

Best Debt Consolidation Loans believe that consumers need to conduct their own due diligence despite the unbiased review that can be seen on their website. This is to ensure that the consumer is hiring the right company to help with their unique financial situation.

To read the full review of all three companies, visit the website of Best Debt Consolidation Loans.

Read the full story at http://www.prweb.com/releases/best_credit_consolidation/loan_companies_Rhode_Is/prweb11720071.htm

Fitch Publishes Exposure Draft for Rating US FFELP ABS

April 18th, 2014

NEW YORK Fitch Ratings has published an exposure draft with respect to its criteria for rating US Federal Family Education Loan Program (FFELP) ABS. Fitch invites feedback on the proposals during the consultation period that will end on 30 May 2014. The agency will continue to apply its current criteria until the finalization of the revised criteria which Fitch expects to publish in June 2014 following the review of comments received during the consultation period.

The main proposals upon which feedback is sought are:

–Appropriation of Standard Default Rate Assumptions

The exposure draft discloses the standard default rate assumptions Fitchs uses in the cash flow modeling when issuer specific data is not available. These assumptions are based on 22 years of industry FFELP loan performance. Recent performance data indicates higher defaults for certain loan and school types and as such Fitch proposes to increase its default assumptions for these variables to reflect the performance data.

–Longer Default Timing For Consolidation Loans:

Similar to defaults, Fitchs uses industry performance data to derive default timing curves when issuer specific data is unavailable. Recent data indicates that the default timing of consolidation loans are evenly distributed over a longer period of time of at least eight years than Fitchs initial assumptions of five years. Fitch proposes extending its curve to reflect performance data.

Ratings Impact

Fitch expects minimal to no impact on existing ratings from the changes proposed above given multiple compression and other quantitative factors considered in its analysis.

Additional information is available at www.fitchratings.com

Applicable Criteria and Related Research:

–Global Structured Finance Rating Criteria (May 24, 2013);

–Rating US Federal Family Education Loan Program Student Loan ABS Criteria Exposure Draft (April 8, 2014).

Applicable Criteria and Related Research: Rating US Federal Family Education Loan Program Student Loan ABS Criteria Exposure Draft

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=741218

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=708661

Rating US Federal Family Education Loan Program Student Loan ABS Criteria – Effective Apr. 7, 2011 to Apr. 3, 2012

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=616766

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCYS PUBLIC WEBSITE WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCHS CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE CODE OF CONDUCT SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.