Consolidating medical school loans

Doctors are perhaps the most prone of all occupations to making student loan mistakes.

Especially if you’re planning to work for a not for profit hospital after training, you MUST Here’s the first of the student loan mistakes doctors make in residency.

The Higher Education Reauthorization Amendments of 1986 reinstated educational loan consolidation.

The Higher Education Reauthorization Amendments of 1992 now makes it possible for students who are delinquent or in default to consolidate loans.

That way, all your debt will be eligible for the Public Service Loan Forgiveness program, and each year of residency counts towards the 10 years of payments needed in the program to reach tax free loan forgiveness.

Contact MD Financial Management or call by the end of residency in flexible annual increments to help you effectively manage and consolidate your debt.

With All-In-One Banking™, you can combine your chequing, high-interest savings, loans and mortgages within a single line of credit banking solution that gives you greater convenience and lower interest costs.

The rate is much better, and we will be done paying the loan off sooner.

Finding the right bank to refinance or consolidate your student loans is confusing.

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