Student Debt Attorney in Orang County, CA
Student loan debt can be an overwhelming problem that tons of individuals throughout the United States have to deal with on a day-to-day basis. Unfortunately, student loan debt can contribute to your general financial stress rather quickly unless you take proactive measures. According to the U.S. Department of Education, consolidation or payment restructuring plans enable a borrower to combine one or more of their eligible Federal education loans into one new loan. Loan consolidation can significantly simplify loan payment by allowing you to make just one monthly payment on your federal loans, and the amount of time you have to pay off your loan will be extended.
A Direct Loan Consolidation can be a great choice for a lot of former students because it typically leads to a reduced monthly payment, lower interest rate and just one convenient monthly payment to make. Your Student Loan Processing Consultant will explain which programs give you the best benefits on your Federal Student Loan repayment. For some people, a decrease in their total student loan repayment is all they need to get back on steady financial ground again.
If you have difficulty fulfilling your monthly payments, have worn out your deferment and forbearance options, and/or wish to avoid default, we may be able to help you. Contact us for a free no cost or obligation consultation. A 10-minute phone call is all you'll need to determine what repayment programs are available so you can stop stressing and start saving!