A college degree will open a lot of doors. But what about the massive amount of debt you racked up earning that degree?
One out of every seven student loan borrowers will default on their loans within three years of graduation. A defaulted student loan represents months of missed payments. The damage to your credit can be catastrophic. And if you don't get yourself back on track quickly, you open yourself up to legal ramifications, including wage garnishment.
Don't let student loan debt ruin your life. You have options. Our trained counselors can help you bring your student loan debt under control and keep it under control for the life of the debt.
Student loan counseling from Money Management International includes:
- A thorough evaluation of your financial situation, including a personalized budget plan;
- An audit of your current loans, identifying all of your lenders, servicers, loan amounts, and terms;
- An analysis of all available options, including specialized repayment plans, deferment, forbearance, consolidation, forgiveness programs, and more; and
- A review of options for rehabilitating student loans that have gone into default.
If you're struggling with your student loan payments, we can help. If you're just starting out and concerned about how you're going to balance such enormous loan payments with an uncertain income, we can help.
To speak to a student loan counselor, call 888.922.9723.
What do I need for my counseling session?
During your student loan counseling session, you and your counselor will review the following:
- Income and living expenses to assist in developing a realistic budget and spending plan.
- Your most recent student loan account information, such as current balances, statuses, and payment details.
Student Loan Counseling is a nonprofit, fee-for-service program.