Citi Financial Student Loans

When you need a little extra money to cover the costs of your tuition and other college expenses, those private student loan lenders are waiting for you on the sidelines – like vultures. One such loan that many students find themselves with are Citi Financial student loans.

These days, Citi Financial is no longer in the student loan business. While this is good news for potential borrowers, it doesn’t change the fact that there are plenty other private student loan lenders out there just waiting to take advantage of you.

Back to Citi Financial, they haven’t actually underwritten any private student loans in a few years now, but people who already had loans with them are still having to deal with them.

CitiFinancial Student Loans Deferment

If you’re having problems making the payments on your private student loan from CitiFinancial, then you do have the option of deferment available to you. Like all private student loans, deferment with Citi is not as easy of a process as it is with good ole Sallie Mae. Typically, you have to pay a processing fee to get the deferment approved. I don’t have any loans with them, so I’m not certain of the exact amount, but most private student loan lenders charge somewhere around $200 for the “service.”

CitiFinancial Student Loans Repayment

When you are ready to make your CitiFinancial student loan payments, you can actually set it up so that you can pay them online each month. To do so, just go to the Citi site here.Your repayment options are:

  • go online each month to make a payment
  • setup auto-debit for automatic payments from your bank account
  • electronic payments directly from your bank
  • phone payments
  • check payments by mail
  • credit card payments (only for international customers)

If you want to make your payment by phone, then you need to call the CitiFinancial student loans phone number at 1-800-967-2400 to do so. The payment call center is only open between the hours of 9:00 am – 8:00 pm ET Monday through Friday of each week.

To send in a check payment by mail, make out the check to Citibank and include your account number on the memo line. Then, send it off to:

Citibank, N.A.
P.O. Box 688965
Des Moines, IA 50368-8965


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