Loans

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Title: Loans

Essay Details:

Subject: Business

Author:

Date: November 5, 2013

Level: University

Grade: A

Length: 2 / 381

Essay text:

The center will remain open until midnight Pacific time Thursday. Borrowers can generally apply for consolidation loans online, but the process can be tricky and they often end up phoning lenders with inquiries. "The volume is tremendous," said Jennifer Darwin, a spokeswoman for Charlotte, N.C.-based Wachovia Corp., which said call volume was up 51 percent compared to a year ago. A spokeswoman for Charlotte-based Bank of America said callers should expect to be on hold an hour or more, even though the bank has added staff to field calls. Other companies said their preparations worked. Mark Brenner, president of San Diego-based College Loan Corp...

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