Student Debt Attorney
Student loan debt can be a frustrating problem that numerous individuals throughout the United States must deal with on a day-to-day basis. Unfortunately, student loan debt can add to your general financial stress pretty quickly unless you take proactive measures. According to the U.S. Department of Education, consolidation or payment restructuring plans allow a borrower to combine one or more of their eligible Federal education loans into one new loan. Loan consolidation can considerably simplify loan repayment by allowing you to make only 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 option for a lot of former students because it typically leads to a lower 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 payment. For some individuals, a decrease in their overall student loan payment is all they need to get back on stable financial ground again.
If you have trouble meeting your monthly payments, have exhausted your deferment and forbearance options, and/or want to avoid default, we might be able to assist you. Contact us for a free no cost or obligation consultation. A 10-minute call is all you'll need to determine what payment programs are available so you can stop worrying and start saving!