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There are two different answers, depending on whether a student is looking for relief from a loan or a person is looking for relief from student loans, which are not generally due and payable while they are still students. Student loan relief is available directly from the lender in the form of consolidation or hardship deferment, while for other types of loans a student may be eligible for refinance, deferment by paying interest only or consumer credit counseling depending on the type of loan, the lender, their credit score and their income level.
What else can I help you with?
What are the options available for managing student loan debt as a changed student loan borrower?
Options for managing student loan debt as a changed student loan borrower include income-driven repayment plans, loan consolidation, loan forgiveness programs, and refinancing with a private lender.
How can one resolve unsecured debt relief?
There are different ways to resolve unsecured debt relief. One way is to pay the loan off as soon as possible. If one has multiple unsecured debt, sometimes they can get a loan to consolidate them. One can consolidate with or without collateral.
Can retirement accounts be seized by the government for student loan debt?
NO.
How can one achieve debt consolidation on their student loans?
Student Loan repayments can often blindside a graduate. Consolidating these loans is often not a viable option due to restrictions on these debts. Those looking to consolidate student loan debt should contact firms such as Chase, NextStudent, Wells Fargo or Student Loan Network.
Where can one get loan consolidation advice?
One can get loan consolidation advice from the following sources: National Debt Relief, Debt Free Direct, Debt Advice Foundation, No More Debts, Money Advice Service.
Where can one go to get help with student loan debt relief?
To get student loan relief an individual should research information on the Student Loan Forgiveness Act.
Settle a student loan for less?
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Student loan debt for a college graduate?
Is this a question? Are you asking the average amount? Some but not all have student loan debt after graduation.
Is student loan debt consolidation something that will save money in the long run?
Student loan debt consolidation is a way to consolidate student loan debt to the point that money is put in a synthetic grace period to prevent interest.
What are the options available for managing student loan debt as a changed student loan borrower?
Options for managing student loan debt as a changed student loan borrower include income-driven repayment plans, loan consolidation, loan forgiveness programs, and refinancing with a private lender.
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
What is the average debt of a student loan?
Not sure of average individual student loan, but the average student with student loans has $28,000.
How can one resolve unsecured debt relief?
There are different ways to resolve unsecured debt relief. One way is to pay the loan off as soon as possible. If one has multiple unsecured debt, sometimes they can get a loan to consolidate them. One can consolidate with or without collateral.
Can retirement accounts be seized by the government for student loan debt?
NO.
Does Sallie Mae base a student loan on income to debt credit and how much do people usually get on a student loan from them?
i actually worked for sallie Mae as a student loan consultant. It depends on the type of loan that you are looking for. they all vary from loan to loan.
Will bankruptcy remove government loan debt?
Student loans, no. A SBA type loan...probably
Is student loan reportable as income?
No, a student loan is NOT reportable income. Besides, it wouldn't make sense that immediate debt be considered income.
