Group of students

Student Loan Counseling – Help for these in Repayment

Group of studentsCollege is meant to be an uplifting expertise, and your diploma is meant to result in a excessive paying job and a carefree way of life. But for many people, this simply isn’t actuality. Millions of Americans are fighting student loan debt. Most really feel helpless towards their mountain of debt and a few are confused about the place to start. If this sounds such as you, don’t hand over. Whether you’re a latest graduate unable to search out full-time employment otherwise you completed school years in the past and nonetheless have student loans to your identify, our student loan counseling will help and might level you in the appropriate course.

How It Works

Clearpoint’s student loan counseling begins with a full evaluation of your monetary state of affairs. By looking on the “big picture” we’re in a position to make one of the best ideas for you. This features a evaluation of your housing state of affairs and credit card debt. We may even recommend a debt administration program to assist along with your credit playing cards in case you are struggling in that space. But after all, the first focus of the session will probably be your student loan debt.

During your student loan counseling session, your counselor will assess how a lot problem you’re having in your student loan compensation. Your choices might differ relying on whether or not you’re in default or have been making well timed funds. From there, your counselor will clarify the next federal student loan compensation choices:

  • Traditional student loan compensation
  • Loan rehabilitation applications
  • Student loan consolidation
  • Income-based compensation plans
  • Student loan forgiveness applications
  • Other student loan compensation applications
READ:   2021 Student Loan Interest Federal Income Tax Deduction Calculator

During your student loan counseling session, your counselor will clarify these applications and companies intimately and can define the professionals and cons of every student loan compensation possibility. Your counselor may also assist you to decide whether or not you could doubtlessly qualify for these applications.

For your personal loans, your counselor can recommend methods to speak to your student loan servicers to be able to doubtlessly enroll in a greater compensation plan.

Benefits of Non-profit Student Loan Counseling

Our student loan counseling presents some distinctive advantages to you. If you select to enroll in a student loan counseling session with Clearpoint, you must anticipate to obtain:

  • Expert recommendation from a non-profit company
  • Easy to know explanations that assist you to make sense of your choices
  • Information about compensation program eligibility, doubtlessly saving you a whole bunch or hundreds of {dollars} over the course of your student loan compensation

It’s straightforward, and will help you dig your manner out of debt. If you may have student loans, there’s no motive to not enroll in a student loan counseling session right now. Sign up now* or name 1-800-675-7601.

*Clearpoint Credit Counseling Solutions is now a division of Money Management International, Inc. (MMI). You will now be transferred to MMI’s on-line counseling consumption.

Additional Resources

Check out this infographic about student loans and the significance of early monetary schooling (click on it if it’s worthwhile to enlarge it):

Student Loan Counseling Infographic