06.12.06 | Paper applications may not be available for today's rates after June 23
Just an FYI, a peek behind the curtain here at the Student Loan Network. We process lots of consolidation applications every day, and it’s been our experience that the US Postal Service can get a piece of mail delivered in the contiguous 48 states in about 3 days. Oddly enough, 3 days seems to be about the set time, whether you’re sending mail to the next town over or to Los Angeles (we’re in Boston). So, what does this have to do with consolidation?
Well, simply put, we want to provide the best damn service possible to everyone who uses our services. We know there are thousands upon thousands of choices when it comes to student loan consolidation, and we’re tickled that you not only found us, but applied with us as well. That said, we also don’t want to make promises we can’t keep, and today’s low rates expire on June 30, 2006 at 11:59 PM. If we don’t receive your signed application back here by then, we can’t give you the 2005-2006 rates.
If the postal service takes 3 days to get you a piece of mail, and you turn it around that day, it’s another 3 days back to us. Thus, beginning 6 days from the deadline, we won’t be able to send out paper applications in the mail with today’s rates. After June 23, 2006, we will only be able to accept eSignature applications if you want today’s rates to be locked in.
You should probably use eSignature anyway, as it’s faster and more secure than postal mail. But after June 23, it’ll be the only choice for which we can offer today’s rates.
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