Advice for consoladating school loans

27 Apr

If there is other debt that is holding you back from making your regular full student loan payment you should think about filing bankruptcy to eliminate that debt.

This would get you back on a ten year loan elimination payment.

1) What are my rights as far as the new law goes while in wage garnishment and having been paying for almost a year now?

2) Do I have to make 5 more payments in order to get out of wage garnishment now as of July 1st?

We can also help if you're concerned about buying a house or making your mortgage payment.

Green Path will touch on some basic strategies regarding student loan repayment as part of a free credit counseling session.

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Use these options with caution because interest usually continues to accrue and your debt balances grow.Strategies to Reduce Payments We can explain longer term strategies that reduce federal student loan payments.These include graduated and extended payment plans, loan consolidation and federal programs such as Income Based Repayment (IBR), Pay As You Earn (PAYE) and Public Service Loan Forgiveness (PSLF).We want to give borrowers the very best advice for repaying loans and taking advantage of resources available to help ease the burden. Appointments are FREE and CONFIDENTIAL and can be done either in-person, by phone, or Skype. 6 Things Every Person Should Know About Student Loans Settling in a routine that demands balancing classes, studying, working part-time and having some fun will not only be a challenge, but will also take some time.While in college, don't put your student loans on auto-pilot.