Student Loans And Debt Flagstaff AZ

A former student has problems making her student loan payments.

Wells Fargo Bank
(623) 876-5979
6695 W. Bell Road
Glendale, AZ
 
Arizona State Credit Union
(602) 467-4010
8285 W. Union Hills Dr. Ste. 106
Glendale, AZ
 
American Student Loan
(602) 943-1982
10850 N 24th Ave
Phoenix, AZ
 
Washington Federal Savings
(480) 633-5547
675 S Cooper Rd
Gilbert, AZ
 
Gold Canyon Bank
(623) 594-7351
9299 W. Olive Ave.
Peoria, AZ
 
Wells Fargo Bank
(623) 875-0720
9901 W. Thunderbird Road
Sun City, AZ
 
Deer Valley Credit Union
(602) 375-7300
18559 N. 59th Avenue
Glendale, AZ
 
Wells Fargo Bank Arizona
(623) 772-7420
9082 W. Glendale Ave
Glendale, AZ
 
State Farm Ins. - Maria Casebeer
(623) 412-2770
8392 W. Thunderbird Rd. # 101
Peoria, AZ
 
American Dream Lending
(520) 437-7368
550 W. Ina Ste. 201
Tucson, AZ
 

Student Loans And Debt

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Q:  I have a student loan debt of 38K. I don't make enough money to pay back the required monthly bill.  How can I handle this without accumulating more debt? Thanks for all your help.

A: When you say "I don't have enough money to pay the required monthly bill" for your $38,000 of student loan debt, are you commenting on your original lender (or lenders) minimum payment(s) requested over the regular ten year repayment period?  If you're not already in a consolidation loan product, you perhaps need to be.

Consolidation loans allow you to s-t-r-e-t-c-h out your 38K in debt, and reduce the monthly payments to a figure you will find much easier to handle.  You can have at least twice the regular ten year time period to pay back your debt by using a Consolidation Loan, like the one my company offers.  

Or, you can check with your loan guarantor (generally a state agency or non-profit like USA Funds) to determine if any of your loan(s) qualifies for either a forbearance or even better, forgiveness. If your financial situation warrants, lenders will grant you a hardship forbearance to defer payments until you are steadier on your financial feet. 

Consolidation is often the best answer to reduce the size of the monthly bite, but first extinguish all options to reduce your debt (many states offer loan forgiveness for teachers, nurses, police, National Guard, etc.), or defer payment until able.  

 

John D. Wild
Director of Public Affairs
OneSimpleLoan®
www.onesimpleloan.com

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