Student Loans And Debt Flagstaff AZ

A former student has problems making her student loan payments.

BNC National Bank
(602) 508-3760
20165 N. 67th Ave. Unit 125
Glendale, AZ
 
Gold Canyon Bank
(623) 594-7351
6641 S. Kings Ranch Rd.
Gold Canyon, AZ
 
Wells Fargo #8281
(623) 537-2460
8281 Lake Pleasant Parkway
Peoria, AZ
 
State Farm Insurance - Matt Woosley
(623) 412-2219
9184 W. Northern Ave
Glendale, AZ
 
Bank of America
(480) 224-2021
3410 W Chandler Blvd
Chandler, AZ
 
Credit Union West
(602) 631-3200
13708 W. Glendale Avenue
Glendale, AZ
 
Chase Bank - 8978
(623) 362-3735
8978 West Union Hills Dr # 106
Peoria, AZ
 
One Stop Check Cashing Payday and Title Loans
(480) 726-1509
940 N Alma School RD
Chandler, AZ
 
Washington Mutual
(602) 977-3988
3020 E. Camelback Rd
Phoenix, AZ
 
Bank 1440
(623) 334-6048
14155 N. 83rd Ave. Ste. 117
Peoria, 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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