Monday , 22 January 2018
Win Prices
You are here: Home » Finance » Financial Services » Use Fed Loan Online Servicing To Pay Student Loan Bill

Use Fed Loan Online Servicing To Pay Student Loan Bill

Getting a loan is always easy but paying it requires a lot of hectic. But myfedloan is now providing an excellent feature of paying the bill of student loan online. You can also schedule a payment in advance. The basic aim of this servicing is to help and support education department of US and also to increase literacy level among people. Being a very fast, efficient and trustable organization they know how to handle problems.

Step By Step Procedure:

  • First of all, go to http://www.myfedloan.org/
  • Login to your fedloan account. If you don’t already have an account then click on Create an Account and start following the procedure
  • There you will need to provide your information like name, date of birth, account no and email id
  • Read all the terms and conditions and check it and click continue
  • You will receive a confirmation email for the verification of your email ID
  • When your account will be created then log in to your account
  • Click on make payment option
  • Enter the information about payment like amount bank etc
  • You can check the option of bank account saving for next time convenience
  • Click the make a payment and you are done

Benefits:

There are lots of benefits of paying the bills of student loan online with the help of myfedloan. These are as follows:

  • You can easily manage your account
  • You can update your info like address etc
  • You can check the balance of loan anytime
  • You can check the history of your payments anytime
  • If you want to schedule the advance payments you can easily do it
  • You can pay the loan bill anywhere anytime of day and night
  • You can skip mail billing by switching for paperless billing
  • You can also select people with whom you want them to discuss the account with

About Fedloan:

FedLoan was initiated with the sole purpose of helping the Education Department of United States so that they could be able to provide student loans possessed by Federal Government. It was launched by Pennsylvania Higher Education Assistance Agency also known as PHEAA. The student loan activities are being conducted nationally. There are very few organizations that got the approval from the department of education and FedLoan is one such company.