Income Based Payment Plans

Students in New York that are looking for ways to manage their student debt rely on Freedom Loan Resolution Services for help with applying to income based payment plans. People suffering from financial hardship in New York may be eligible to be placed on an income based payment plan. In this type of plan, New York borrowers will have a single payment that is based on your income and family size. Depending on your individual circus stance, your payment could be as low as $0.00 per month.

Income based payment plans are great for individuals that have the means and desire to pay off there student loans and other debts, but are struggling to juggle all of their payments. In many cases, your income and family size will help reduce the actual out of pocket costs per month when you start your new income based payment plan.