Monday, May 13, 2013

STUDENT LOANS? WE'RE HERE

As you can see by our website, we're proud to be offering student loan services to consumers. We've been doing it for awhile, but have only recently made it "official." Not many firms are doing this kind of stuff nowadays, so it's a service we think will be of great help. And it doesn't matter if you're current or in default, or if you've got a college degree or vocational-technical degree. If you have student loans, we may be able to help.

I know what you've heard. You can't do anything about student loans. That's partially true, in that they're almost impossible to totally get rid of. But that doesn't mean there's nothing you can do about them.

In fact, there are programs for federal loans that allow you to make payments based on your income. And if you pay for 25 years, any principle remaining on your loan is forgiven. Gone. So if you are employed at $30,000, and your payment is, for example, $100-$200 per month, after 25 years, you're done paying even if there's a balance remaining. And if you work in government or for a non-profit, you're done paying in 10 years (Are you listening nurses working in non-profit hospitals? Teachers in schools? Lawyers working for the State Attorney?).

And if you are behind or in default? We can help you with that also. For Federal loans, you have an absolute right to a reasonable and affordable payment to get yourself out of default ("rehabilitation"). Or perhaps an immediate consolidation is right for you, which would get you out of default. Even if you're already having wages garnished or a lawsuit, we can often work with the other side to get you back on track.

We know it's confusing. You have 3 different loans with funky sounding names and each has a servicer and a guarantor (what's that?) and you don't know if they're federal or private, and a collection agency telling you what you "can" and "can't" do. Why don't you leave that stuff to us...Talk to us today about helping you lower payments or getting back on track....

-Jason
jason@jasonweaverpa.com
(954) 987-0515