Student Loan Consolidation

Student Loan forgiveness is the process in which a borrower is relieved of the obligation to pay a portion or all of their remaining student loan debt.  While any lender could theoretically forgive a debt this process primarily occurs where government approved programs are used to forgive federally subsidized loans.  These programs of forgiveness were created to incentivize certain types of employment, assist former students with lower income jobs, to compensate for disabilities etc.

There are several different programs that involve some degree of forgiveness and they can work differently for different types of loans even as specific as when the loans were granted.  A borrower may or may not have to pay taxes on the forgiven amount depending on the specific program and type of loan being forgiven as well.  For example one of the more common Loan Forgiveness programs is the Public Service Loan Forgiveness, this is where someone is forgiven a portion of their loan based on the fact that they work in the Public Service sector, i.e Teachers, Nurses, Firefighters etc, even people who work for non-profits may qualify for this program.

This is not the only program however where loans can be forgiven as many people think.  While not every borrower or loan qualifies, these are real programs that do help thousands of people every day reduce their debt.  It is always important to weigh all options before making a decision including any possible tax implication.

To find out more information on qualifying for a Student Loan Forgiveness
Call Today for complete details 800-993-6615

OBAMA STUDENT LOAN FORGIVENESS PROGRAM

3,4%6,8%

YOUR STUDENT LOAN INTEREST RATES COULD DOUBLE IF YOUR STUDENT LOANS GO TO DEFAULT. BE INFORMED

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THAT'S AN EXTRA $5,000 TO PAY BACK FOR THE AVERAGE $25,000 LOAN.

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Your Student Loans Forgiven
and/or Consolidated Now!

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Loan FORGIVENESS and/or a Student Loan CONSOLIDATION Plan!


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