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Do You Wish To Consolidate Student Loans?

 
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  If you owe $35,000 you could pay:
 
     
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Just when you thought that your only option was to default on your student loans and deal with the consequences, you have been given another choice. The new Student Loan Forgiveness Program offers you the chance of a lifetime. If you meet certain criteria, you can actually consolidate student loans. As you might have imagined, this plan isn’t being offered to everyone. But, if you do happen to qualify for debt consolidation student loans, you’re going to want to pay close attention.

Debt Consolidation For Student Loans Can Give You Immediate Relief!

For those of you looking for background on this measure, look no further than a bill passed by Congress back in 2007. With more and more people being pushed away from public interest jobs into private practice, they knew that something was amiss. After some digging, they discovered that people were being forced into these more lucrative jobs just to be able to pay off their existing student loan debt.

They struck back with the Student Loan Forgiveness Program, which works as well as it sounds. If you are one of those individuals who took a public service job and are facing a mountain of student loan debt, you are likely eligible to consolidate student loans. As with virtually any government program, however, restrictions apply. For example, if you fall under any one of the following categories, you will not be eligible for the program:

- Clients that have consolidated before (FFEL is O.K.)**
- Clients that are currently enrolled in school at least the time
- Clients in judgment or garnishment status.
  **
(FFEL = Federal Family Educational loan)

In addition, not all loans are eligible for forgiveness under this program. Some of those not up for debt consolidation student loans include:

Loans made by a state or private lender and not guaranteed by the
 
- Federal government
- Primary Care Loans
- Law Access Loans
- Medical Assist Loans
- PLATO Loans
- Student Loan Forgiveness Program


 The truth is that, even with those limitations, a very large sum of people are still left in the running to be helped by this new system. If you have reviewed those two lists and find that you haven’t been ruled out, you stand to benefit to the tune of thousands of dollars.

One last caveat about the program is that the debt forgiveness won’t take place immediately. You will first have to make 120 monthly payments in order to satisfy their conditions. But, once that period has elapsed, all of your student loan debt will be eliminated! What a deal.  

Find out more about the Student Loan Forgiveness Program

We can help you navigate through the muddy language created by the government when they originally created the Student Loan Forgiveness Program. With just a short phone call, we can consolidate student loans into 1 monthly payment. Why wait another moment to get started?

Telephone
Call 1-888-839-3574. One of our Debt Consultants will be happy to assist you Monday – Friday between the hours of 9:00 am – 9:00 pm EST. You can also call any time and leave a message.

Email:
Email us anytime at info@practicaldebtrelief.com

Mail:
Practical Debt Relief, Inc.
Phone # 888-839-3574
Fax # 888-853-7651
5210 S University Dr Suite 104
Davie, Fl 33328

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Practical Debt Relief disclosure
Practical Debt Relief, Inc.
5210 S University Dr Suite 104 Davie, Fl 33328
● Phone: # 888-839-3574 ● Fax: # 888-853-7651