banking

Citizens looks to help parents, student borrowers

Posted 6/18/13

PROVIDENCE – To help student loan borrowers and their parents or co-signers to effectively manage student loans, RBS Citizens Financial Group is providing a TruFit Student Loan Annual Summary, according to a press release.

“As a transparent lender, we already work with our customers when they apply for a loan to help them find the solutions that are right for them, whether they be federal student loans or private student loans,” said Brendan Coughlin, president of education finance for RBS Citizens Financial Group. “The TruFit Student Loan Annual Summary extends that same level of transparency and support over the course of our customers’ college years. With this new tool, it will be easier for students to avoid surprises and prepare better for life after college by incorporating their future loan payments into their financial planning.”

The loan summary, which will be begin before graduation, will provide details including date payments are scheduled to begin and estimated monthly payments.

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