Pinnacle Student Loan Debt

A lot of students aspire to avail quality higher education in some of the most prestigious universities in The United States. But with the continued increase in higher education fees, and unrelenting economic instabilities, many of these students are going through difficulties that hinder their dreams of obtaining quality schooling.

Having such reality hitting hard on students dreams and interest, Pinnacle Credit Union offers solutions to aid students in their quest for financial support.

Pinnacle Credit Union is a leader in providing customers with their desired loans such as car loans, motorcycle loans, boat loans, computer loans, personal loans, debt consolidation loans, share secured loans, mortgage loans, home equity loans, and student loans with partnership with the Credit Union Student Higher Education Loan Program or the CU student H.E.L.P.

Private education loan, such as Pinnacle Credit Union, provides the student with financial aid while he or she is still in school. The service will generate interest fees just like any other types of loans, but is at an affordable price, so the student will not worry much on where to seek more cash to repay his or her Pinnacle student loan debt.

What is more interesting about this program is that the student is not obliged to pay at once the loan debt interest, not until he is halfway in his educational career, and a twelve-month grace period is offered after graduation for prepayment of the entire loan debt with no penalties to be included.

Dealing with the Pinnacle Student loan debt:

The rates and fees are quite in a reasonable range, but the prime interest will stay on a constant value of 5.25%. Interest will capitalized once at repayment and the student can request a repayment period of 300 months or equivalent to 25 years for his or her Pinnacle student loan debt.

But it is important for the student to take note that there are certain factors that will affect his or her Pinnacle student loan debt, and one of them is change in interest rates. That means that if there are increase in Prime Interest Rates of 5.25%, the Annual Percentage Rate for the Pinnacle Student loan debt will also add up, thus will result in higher monthly payment rates.
To lessen more the burden, a student may apply for a savings program that helps minimize interest rates of Pinnacle student loan debts. These discounts include Direct Debit Discount, in which a student can benefit if he chooses to pay the monthly fees by direct debit. Another is the On-time Payment discount, which can be availed if the student pays the student loan interest on time for forty-eight consecutive times.

Many experts advise that the student should submit an application for a Federal Student Loan first before applying for this private student loans if he or she is not capable of paying the Pinnacle student loan debt on the first hand. Federal student loans have lesser interest rates, and it offers repayment schemes in different methods.

Should the student inquire about repayment of pinnacle student loan debt, it is encourages asking for more information on the company or lender, who offers such service. The processes will probably include checking of credit score and signing for a promissory note to pay the debt on time. In addition, the lender will request to review the disclosure statement so not to get confused on the repayment schemes.


  1. Hi Ashely,

    I would first start by reading this articles to get a grasp on how car loans work.
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    Then check out the comment I left at the bottom for someone else. Checking with your bank and local credit unions for loans is a good start. Once you get a few loan quotes have the lender put it “on paper”.

    You can then use these quotes to negotiate with the car dealer when you go there. Most dealerships deal with a lot of banks so depending on your credit you should be able to get a decent APR. If not you have the quotes from the bank or credit union you can use.

    Hope that helps,

  2. I need a car loan for about 22k. Were can I go were my rate and payment won’t be through the roof.

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