October 29, 2013
Student Loan Consolidation
The cost of higher education is rising. Unfortunately, so is the unemployment rate. The result is recent college grads are finding themselves saddled with increasingly-higher debt loads at the exact same time when their economic situations make paying back those loans more and more difficult. And since many students take out multiple loans from multiple lenders, things can get very complicated very quickly.
Consolidating your student loans under the U.S. Department of Education’s Direct Loan Program can go a long way to helping you manage your student loan debt – by locking you in at a lower interest rate, lowering your monthly payment or giving you just one loan payment you need to make each month. Flexible term lengths and multiple payment plans, including income-based plans, ensure you’ll find a consolidation structure that fits your budget.
Behind, Delinquent or In Default?
Are you behind on your student loan payments? Many borrowers don’t realize they can consolidate their student loans even if they are in default. With a Direct Loans consolidation, you can lower your monthly payment, lock in a low fixed rate, and take the first steps toward rehabilitating your credit.
Student loan debt consolidation can be daunting. We know. Fortunately, we can help. Our loan consolidation experts will review your outstanding loans and find a repayment schedule that best fits both your immediate and long-term financial needs. Whether you’re looking to lower your monthly payment, minimize your total payout over the life of the loan or simply reduce the number of bills to keep track of each month, Apple Debt Care will help you navigate the federal student loan consolidation process and put you on a path to become debt-free.