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CitiBank Lowers Interest on TruFit Loans – OnlineBusinessDegree.org

RBS Citizens Financial Group, Inc. lowered interest rates on its TruFit Student Loans.

Students can now receive loans at a fixed rate of 5.75% APR, and a variable rate of 2.75% APR. Additionally, TruFit offers more repayment options with a choice of five-year, 10-year, or 15-year terms. This will allow customers to choose a repayment plan tailored for their personal needs and budget. Customers can also choose immediate, interest-only, or deferred repayment options.

In May, the bank expanded availability of its private student loans from 12 states to the entire continental U.S. TruFit student loans have no fees, and students must be enrolled at least half-time in a four-year undergraduate or graduate program to qualify for them.

For information about TruFit Student Loan, visit Citizens Bank website.

Follow Valerie Jones on Twitter @ValerieJonesCMN

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