Student Loan Giant
Financial Services - , , United States
Student Loan Giant Employees
Student Loan Giant Details
Student Loan Relief: At Student Loan Giant, we aim to relieve the stress of student loan debt by helping you understand each available option and decide on a plan that is right for you. Repayment of student loan debt can be a challenge for many students and their families, especially if the debt amount is large. Since carrying student loan debt can sometimes hamper your ability to get other types of credit like mortgages or perhaps even car loans, this makes it even more stressful. If you are struggling to make monthly payments, or have already started to fall behind, call us to discuss your student loan relief options. Student Loan Consolidation: Student loan consolidation is the process through which a borrower is able to combine one or more existing federal student loans into a single new loan from a lender. A new loan will be used to pay off any previous outstanding student loans held. Consolidation allows borrowers to have just one monthly payment instead of several. Student Loan Forgiveness: Not all loans qualify for forgiveness. Perkins loans or Federal Family Education Loans are not eligible, but loans received under the Direct Loan program could qualify. Typically, people employed full time with a local, state or federal government agency or a nonprofit organization can be considered for public services loan forgiveness. People who are providing certain services can also qualify, such as military members, public health officials or law enforcement personnel. Teachers might also qualify, depending on where and what they teach. To qualify, you must work at least 30 hours per week. Garnishment Relief: For people who get behind on paying student loans, the consequences can be serious. Your wages can be garnished if you fail to make on-time payments or make payment arrangements. Through the Administrative Wage Garnishment process, a borrower's wages can be garnished until a defaulted loan is removed from default status.
