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Consultation service offers way for borrower’s to manage and consolidate student debt. Continue reading
prREACH
Apr 16, 2014 /prREACH/ -- A new website has launched offering assistance in student loan debt consolidation. Student Loan Assist Inc. is a consultation service, offering a way to make borrowers Federal Student Loan debt monetarily manageable and more flexible.
The Department of Education offers federal debt relief programs in order to promote public service jobs and help those trying to cope with the rising cost of post-secondary education. Student Loan Assist Inc. employs a diversified group of people who are professional, knowledgeable and highly qualified to offer affordable assistance in managing through all the services and government programs that exist for borrowers to successfully reduce their student loan obligations.
“Student Loan Assist started because we know borrowers don’t always know that programs exist or how to even manage through the maze of government programs that can drastically lower or even forgive a borrowers’ financial obligation,” states Claudia Jenkins, Senior Student Loan Debt Advisor. “Our new website allows people to find out more about what we offer and how we can help. It lists the type of loans that are available for consolidation.”
Consolidation loans are used to combine several student loans into one bigger loan from a single lender, which is then used to pay off the balance of the other loans. Consolidation loans are available for most federal loans including the Perkins, Health Professional, Stafford, and NSL. Student Loan Assist will find the best options for the borrower wanting to consolidate their loan and assist in process of creating a more affordable option that may include lower interest rates, tax deductions, and multiple repayments plans. There are even two income-based government student loan relief options based on current income of the borrower that Student Loan Assist can help with. One is the Income-Contingent Repayment Plan and the other is Income –Based Repayment Plan. These plans are designed to be flexible to meet borrower’s diverse and changing needs.
For those who would like more information on consolidating student loans, please contact Student Loan Assist Inc. at their new website, studentloandebtforgivenessprogram.com or call 888-264-6733.