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{| |- | Freedom Student Loans helps borrowers consolidate Federal student loan debt into one low monthly payment. Freedom Student Loans can also cut the total monthly payments in half and lock in a low interest rate. You can even go for Freedom Debt Relief as their financial advisers negotiate your debt amount and help in reducing your debt levels. |}
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How can you make a settlement on your student loan?
No you cannot settle student loan debt for less than what you owe. Student loans are federally backed, and will find that student loan lenders will not settle for less than the principal balance that you owe them. The best they can do is offer a deffered payment plan or a forbearance.
Can you settle a defaulted student loan?
In the US, if the student loan is Federally Guaranteed then the answer is no. The Dept of Ed. and it's collection agencies will not negotiate or settle a debt. If the student loans are private, then the answer is yes. If you need help with your defaulted student loans, the company listed at the bottom of this text box can help you.
how do you settle creidtor claims?
The Department of Education can provide assistance when looking to settle a student loan debt. They can terminate or suspend loans. www.studentloanborrowerassistance.org
What type of services does a Federal consolidation loan program provide?
A consolidation loan program for Federal student loans allows one to take out one large loan to settle all outstanding Federal student loans. This may allow one to have only one loan and debt repayment to worry about.
If someone would like to pay off a student loan in a lump payment is it possible to negotiate a lesser total payment with the loan holder?
Yes it's possible.If it's a federally-backed loan, the entire amount is guaranteed so they won't negotiate.If it's not federally-backed, the loan holder may or may not choose to settle for less.
What is the different between a parent loan and a student loan?
Parent Loan: A parent is getting the loan Student loan: A student is getting the loan
The student loan settlement student loan settlement student loan settlement student loan settlement student loan settlement student loan settlement.?
There are many places to research student loan settlement. You can look at various places on the web or at many banks. Looking for loan settlements can be difficult start by checking www.wellsfargo.com/student
What is a student loan?
what is a student loan grant?
what is a student loan grant?
what is a student loan grant?
If you cancel a student loan and still owe less than 200 dollars will this prevent you from receiving a grant that you qualify for?
No, as long as you are not in default on the loan.
What are the advantages of a Standard student loan?
What is a "Standard" student loan?
Can you sill get a student loan if your in deferment on another student loan?
Yes.
