The number of Americans with student loan debt has skyrocketed in recent years. It has surpassed credit card debt as the largest unsecured debt problem in the country. According to the Federal Reserve Board 60% of students who attend college each year take out a loan to cover their education costs. 37 million of those student loan borrowers have outstanding loan balances with approximately 15 million of those borrowers experiencing some type of delinquency, or even worse, default. The College Board says that 42% of those still paying off student loans are between the ages of 30 and 50, while an astounding 17% are older than 50.
Many borrowers experience some type of struggle at one point or another during the course of repayment. The good news is there are solutions if you are struggling to repay your student loan debt regardless if it is federal or private. Unfortunately, the options are hard to understand especially for those who are not familiar and need help understanding the terminology or processes involved with achieving the solutions.
Let Consumer Debt Counselors Help You Overcome Your Student Loan Repayment Challenges
Our Student Loan Debt Advisory Services can be critical in helping to reveal the right solutions and alleviating the stress associated with the burden of debt.
The purpose of our Student Loan Advisory Service is to help you understand your student loan debt, your Department of Education approved repayment plans, and your obligations and rights associated with your repayment terms. We take the role as your financial advocate to guide student loan borrowers through a complicated process of identifying and assessing all of the available repayment options.
We offer one-on-one support and provide invaluable information on loan repayment so each borrower can better comprehend there repayment options. We offer counseling, advisory, and implementation services to help you resolve your student loan debt burden. Our advisors will take you through the process of all the viable options and if you would like he or she can help implement the solution of your choice. We never discourage any borrower from handling their own implementation. The new student loan relief programs are comparable to individual tax preparation. Just as consumers can obtain assistance in filing their taxes, we offer assistance in obtaining the governmental benefits that exist to achieve student loan debt relief.
In the case of federal student loans, the government created a myriad of repayment options for student loan debt relief programs. Unfortunately, many borrowers struggle to efficiently utilize these various options that the government has provided. Our advisory service takes a comprehensive approach in employing these governmental programs so that the borrower obtains the most beneficial and sustainable solutions. However, we are not affiliated in any way with the government, the U.S. Department of Education or the William D. Ford Federal Direct Loan Program.
Privacy and Confidentiality
Any information you provide us is strictly confidential and will never be shared with a third party. It is critical when working with us or researching other repayment options that you NEVER provide your student loan PIN number. This is the single most important piece of information concerning your loan and should never be shared with anyone.