MUSKEGO, Wis. (3/8/11)--Corporate Central CU, Muskego, Wis., has partnered with Salle Mae to offer a new student loan program to help students graduate with less debt and pay off their loans faster. With the Corporate Central CU Smart Option Student Loan by Sallie Mae, students pay interest while in school and graduate with less debt, compared with other longer-term alternatives that require no payments are made until after graduation. Corporate Central CU estimated that a typical freshman can save 30% to 50% on finance charges over the life of the loan. Designed to supplement a student’s federal student loans and other student aid, the Smart Option Student Loan can help students cover up to 100% of their education expenses.
LENEXA, Kan. (3/8/11)--XtraCash LLC, a payday lending alternative credit union service organization announced its partner credit unions and members saved more than $2.8 million between 2007 and 2010. Since its March 2007 launch in two branches, XtraCash processed nearly 24,000 loans with a total loan value of more than $9.1 million. XtraCash serves 23 branches in Kansas, Missouri and Florida.