Student Loan Forgiveness Programs

California student loan counselors at Freedom Loan Resolution provide students that are struggling financially with the assistance and guidance that they need. Juggling all of your payments each month can be stressful between car payments, house or rent payments, mandatory living expenses, and credit card bills – all on top of your student debt.

In California, there are several types of student loan forgiveness programs available to students, such as: principal reduction, loan forgiveness, or a complete loan discharge. Each case and situation is different but our student loan counselors in California are standing by ready to assist you in figuring out which loan forgiveness program is best for your financial situation.


Income Based Payment Plans

California students that are looking to get on the right track and pay off or pay down their federal student loans may find that an income based payment plan is right for them. Those suffering from financial hardship as a result of federal student loans and other mandatory living expenses may be eligible for an income based payment plan.

An income based payment plan is a payment plan that is based on your income and family size. Your payment could be as low as $0.00 per month if your income amount and family size deem that $0.00 is all you can afford.

Our student loan counselors in California will review your specific case and situation to determine if income based payment plans are right for you. These plans can help you get back on track with paying down or paying off your student loans while also managing your other debts and bills.

Loan Consolidation Prep

Federal student loan consolidation is a great way to help manage your federal student loan repayment plan. For those that are looking to pay off or pay down their student loans, consolidating them can help you manage your mandatory living expenses, credit card bills, housing or rent payments and your student debt.

In California federal student loan consolidation, all of your federal student loans are organized into one new loan, with one new lender, with one monthly payment. This can be a big stress relief to students that had the desire to maintain paying off their student debt, but struggled to manage all of the various payment deadlines each month.

In loan consolidation, you are able to choose a payment plan that is affordable to you and our student debt counselors will help you organize all of your federal student loan documents to help ready them for submission.

Call our California student debt counselors today at 888-780-6225 and let us help you figure out which type of program is best for your specific situation.