With Law Students and Attorneys Consolidating Their Federal Education Loans at a Furious Pace, Law School Loans Extends Operation to 24 Hours a Day.
PASADENA, CA (June 27, 2005) Interest rates on federal student loans will be adjusted on July 1, and attorneys and law students are consolidating their federal educational loans at a record rate. With the deadline only days away and customer inquiries at all-time high, one firm has shifted into a company-wide emergency mode. Law School Loans (www.LawSchoolLoans.com) is helping thousands of attorneys and law students beat the impending deadline by staying open 24 hours a day.
“With the unprecedented demand, we are making it easier for legal professionals to take care of their loan consolidation and save money at the time of their convenience,” says A. Harrison Barnes, CEO of Law School Loans. “Our loan counselors are answering calls every few minutes at 3:00 and 4:00 in the morning. The demand for federal loan consolidation is incredible. It is like running a meat wagon through the middle of a dog show!”
Known for being workaholics, attorneys and other legal professionals often work 70-80 hour weeks. That kind of a schedule leaves little time for even a 10-minute call. “As a company staffed by attorneys, we are well familiar with the needs of lawyers.” explained Barnes, “Given their hectic schedules and the deadline to consolidate just around the corner, the last thing our clients want to hear when they call us is ‘Our hours of operation are from 9AM to 6PM. Please call during regular business hours.’”
The decision to shift to around-the-clock operation seems to be popular with clients, who are usually amazed to learn when they visit the company’s website that both chat room and phone lines are open no matter what time of day it is. A sample of those taking advantage of late hours is an eclectic mix: experienced attorneys, recent graduates, and students still in law school are calling well into the wee hours of the morning. As one caller commented after consolidating his loans: “I almost forgot about the urgency to consolidate my law school loans. But now, having completed my online application using e-signature at 2 o’clock in the morning, I don’t have to worry about loans for the rest of my life. Plus, loan consolidation saved me thousands of dollars.”
The Law School Loans team expects the interest in loan consolidation to reach a fever pitch just before the midnight on June 30, when those who have procrastinated to the very end will finally have to act. Thanks to the practice it got in the past several weeks, it’s safe to assume the staff will be ready for anything.
I just wanted to thank my Loan Specialist, fo helping me get all my student loans consolidated and for being so patient with me. Thanks again. - Rachel S. Baton Rouge, LA
Your Federal Benefits
If you are still in-school, you may reserve your consolidation for graduation with Law School Loans. By signing and returning your application now, you will be guaranteed the current low rates on your consolidation, and you will not have to think about your consolidation again until you enter repayment.
Federal student loan consolidation enables you to lock in the current interest rate for the life of your loan and reduce your rate over time.
A few minutes on the phone or online could save you $600 a month or more on your student loan payments.
or Call (800) 659-8344
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Federal student loan consolidation enables you to lock in the current interest rate for the life of your loan and reduce your rate over time.
