Student Loans

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Why Student Loans can Hurt Your Score

It is no secret that Americans as a whole are struggling to repay their student loans because higher education costs are soaring. Our world is changing, corporations have access to cheaper labor overseas, and technology and automation are advancing — this leads to lower salaries and less demand for human resources. In my opinion, higher education is bordering on ‘not being worth it.

Student loan debt is overwhelming for many of you. Your income can barely support your day-to-day needs and there is no money left to pay back those looming student loans. You may even feel taken advantage of by the “system”. You have been told that college is the answer. I’m of the belief that this is thought of previous generations and that train of thought will soon shift in the mainstream.Many of you wish you could make your student loans disappear with the snap of a finger —  we know that is not possible — so now what?

The Solution

If you look in the right places, you will find a variety of options for repayment plans or even forgiveness of your student loans. There are various student loan forgiveness programs out there for people who work in certain fields, such as; education, public service, and other types of employment. Some state and local governments even help their debt-ridden graduates pay off their loans.

Forgiveness and Income-Based Repayment Programs are available if you know where to look and how to apply. These aren’t just for those crushed under six-figure student loan debt, but also for those looking for “free money” to help relieve the burden of their student loans. A great resource chalked full of information is available at http://StudentLoanHero.com

As Always… In case you haven’t yet, here’s how you get started.

Step 1:
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Note:
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You can cancel it in the first seven days if you want, but we need this as a first step, in order to help you.

Step 2:
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Go to this page on TheCreditMovement.com.
Share your username/password for IdentityIQ in the form on the page.