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Northern Trust

As a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide, Northern Trust Corporation is a multi-bank holding company based in Chicago, Illinois.  Northern Trust has a growing network of 84 offices in 18 U.S. states, and has international offices in 12 locations in North America, Europe and the Asia-Pacific region.

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As of June 30, 2006, Northern Trust has $53 billion in banking assets, $3.2 trillion in assets under custody and $640 billion in assets under management.  For those consumers interested in consolidating their high-interest credit card balances and other debt, Northern Trust has lending programs and options to meet your needs.  Features and benefits of these services include:

Home Equity Loan

  • Fixed rate installment loan creates predictable monthly payments;
  • Fixed repayment period allows you to fit it into your budget;
  • Interest may be tax deductible (consult your tax advisor).

Home Equity Line of Credit

  • Provides the flexibility to meet credit needs as they arise;
  • Variable rate of interest allows you to enjoy the benefits of falling interest rates;
  • Interest only payments due each month to provide lower monthly expense;
  • Principal reductions are optional;
  • Interest may be tax deductible (consult your tax advisor).

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* Debt Basics is not a lender or broker. We provide information and research on debt help and debt consolidation. Product and service offerings differ by state.