Deal One Helps Graduates Get Out of Debt - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

Deal One Helps Graduates Get Out of Debt

Posted: Updated:
They're off to a good start. The Bank of North Dakota says it's happy with the number of graduates using the Deal One Loan program to help consolidate their debt.

Deal One Loan program consolidates various student loans into one payment with competitive interest rates starting at 1.73 percent. To qualify for the program, the graduate must be a North Dakota resident.

"We think there's a lot more out there. You know our early thoughts on this were that there's 50 thousand people that could qualify for this. We're just 2,000 in to it. So, we think there's a lot more to come," says Bank of North Dakota President Eric Hardmeyer.

Hardmeyer says the program is only two months old so he's happy with the results and says the bank is going to wait a few months before looking to see if any changes can be made.

 
  • Latest NewsMore>>

  • Airway Avenue Closes

    Airway Avenue Closes

    Friday, July 25 2014 12:47 PM EDT2014-07-25 16:47:54 GMT
    The intersection of Airway Ave. and Northern Plains Drive will be closed starting July 28.
    The intersection of Airway Ave. and Northern Plains Drive will be closed starting July 28.
  • Pipeline Leak Near Arnegard

    Pipeline Leak Near Arnegard

    Friday, July 25 2014 12:38 PM EDT2014-07-25 16:38:47 GMT
    Another saltwater pipeline leak has been reported by the North Dakota Department of Health, this time near Arnegard.
    Another saltwater pipeline leak has been reported by the North Dakota Department of Health, this time near Arnegard.
  • Family Focus: Lost Children

    Family Focus: Lost Children

    Friday, July 25 2014 12:08 PM EDT2014-07-25 16:08:35 GMT
    The final weekend of the state fair is always a big one, with huge crowds. That's why it's important for families to make sure they know what to do if parents and children get separated.
    The final weekend of the state fair is always a big one, with huge crowds. That's why it's important for families to make sure they know what to do if parents and children get separated.
Powered by WorldNow
    Powered by WorldNow
    All content © Copyright 2000 - 2014 Worldnow and KFYR. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.