The Great Lakes Student Loans Scam?
Achieving success is the biggest dream of an aspiring individual. For achieving success a sound academic background is extremely important in the modern world. My Great Lakes understands the importance of an academic degree for success and helps aspiring youth to fulfill their dreams by providing federal student loans to millions of students in the United States of America.
Started in 1967, Great Lakes Higher Education Corporation is one of the most reputed and renowned student loan company based in Madison, Wisconsin. Having collaboration with more than 1100 lenders and 6000 schools, My Great Lakes makes it easier for students to access federal loans and fulfill their dreams of studying at a prestigious institution. Great Lakes Student Loans are ideal for students seeking the services of a loan guarantor as the company has facilitated student in accessing $130 million in the form of scholarships, grants, etc.
With the help of Great Lakes, higher education can turn really simple for students and families struggling with finances. Acting as a facilitator between students and loan providers, My Great Lakes serve as single point-of-contact for borrowers seeking all the information related to his/her student loan.
With the help of Great Lakes website and mobile application, a borrower can easily see all the information related to his loan on a single screen. He/she can also access the portal to repay the loan on time, very easily. All one has to do is go to My Great Lakes Loans login screen, login to the account to get all the information that he/she wants to access.
Why think of Great Lakes Student Loans?
Many people these days are questioning about the genuineness of My Great Lakes. Some even are quoting the service as a scam. But one this everyone must understand is that My Great Lakes is a registered federal student loan service.
Federal loans are issued by the government to help a student access credit at a cheaper rate with flexible payment options. Great Lakes student loan service is not a hoax. Being a reputed organization with thousands of collaborations, My Great Lakes can be trusted for any amount of student loan. Moreover, as the loans are offered by the Federal Government, one has to not worry about high-interest rates as in the case of private education loans.
Great Lakes Student Loans can be availed if one wants to study without worrying about stringent repayment schedules and high-interest rates. As the interest rates on Federal student loans are decided directly by the Congress, there is a lesser chance of an exorbitant hike, making Great Lakes student loans ideal.
As the interest rates are not based on any credit score and are fixed throughout the whole tenure, one can remain free from worries related to change in interest rates due to the dwindling financial markets.
Creating a Great Lakes Student Loans login account on the My Great Lakes Website
If a student wants to keep a tab on all the details related to his/her student loan, My Great Lakes offers a convenient facility for the same. A student can easily create My Great Lakes account on the website and can access information anytime, anywhere easily.
My Great Lakes student loan account helps a student to see repayment options, check outstanding balance, set up a schedule for regular payments, calculate the total cost of the loan in a few clicks. To create a student loan account, one just has to visit the website mygreatlakes.org and click the signup button on top right.
By entering one’s social security number and date of birth and proceeding further with great lakes login information and preferences, one can create an account in seconds.
Once a student creates My Great Lakes Login account, he/she can easily keep a check on his/her financial responsibilities and pay loan without any hassle.
How to contact Great Lakes student loans customer service?
If you want to clear your doubts regarding Great Lakes Loans or have any questions regarding the authenticity of My Great Lakes, you can always contact Great Lakes student loans customer service. You can call on +1 800-236-4300 from 7:00 am to 9:00 pm on any day from Monday to Friday to clear your doubts.
Alternatively, you can drop a mail to the customer service by filling up the complaint form in the contact us section of the website. My Great Lakes representatives will be happy to solve all the queries in a few hours.
Being a genuine organization, My Great Lakes has helped thousands of students in fulfilling their academic dreams. Most of the students speak highly of My Great Lakes student loan service and the company has a number of positive reviews such as below:
“I was really worried about the management of student loan. Since I am a naïve to all this loan thing, I didn’t have even the slightest idea about how the entire education loan thing worked, Great Lakes helped me a great deal in effectively managing my student loan for my graduation and helped me to manage my interest rate.”
Instead of listening to everyone, make sure to do your own research if you are looking for a cheap student loan. My Great Lakes offers a great opportunity to students to avail federal loans at a low-interest rate. And as the company has been helping students for many decades, there is no question of a scam. My Great Lakes helps students and believes in doing what’s right by providing efficient services. So, broaden your perspective towards student loan facilitators and make the right move in taking your career to great heights.
Great Lakes Higher Education Corporation is one of the biggest service of student loans and guarantors in the United States.
Based in Madison, Wisconsin, it was intercepted in the year 1967 and takes pride in being the best service of federal loans to students. In collaboration with around 6000 schools and 1100 lenders, it is a service of federal loans to millions of students.
Their company slogan “Doing what’s right”, signifies their attitude of giving back to the community. If statistics are to be considered, until now, the company has facilitated around $130 million to students in the form of grants, scholarships, and college adviser services.
Most of the people get confused and think Great Lakes as a loan provider. However, this is not true. It does not offer loans but serves as a loan service and guarantor that makes it easy for the students to get an education loan without any hassles.
They act as a point of contact for the students with the help of their website and application. The students can easily have access to their loan information and can make timely payments with Great Lakes Loans.
Great Lakes Education acts as a mediator between the students who are borrowing the money and the loan providers. Whether the loan lending agent is the Federal government, state government, or a private lender, Great Lakes works in direct coordination with the student borrowers to manage all the details related to the loan.
With the help of the Great Lakes account, the student borrowers can access entire information about their education loan, see all the repayment options, keep a check on the outstanding balance and initiate regular payments.
It also works hand in hand with the students for calculating the entire cost of the loan to make the students understand all their responsibilities.
Great Lakes offers a wide range of the financial services for educating the students about the best methodology for managing their finances during and after their graduation.
All the detailed information like repayment options, loan deferments, and the loan consolidation and preparing their borrowers for a financial emergency that may threaten the process of their loan repayment.