Student Loan Forgiveness
Ohio students that are struggling financially to make ends meet between juggling student loan payments, mandatory living expenses, housing payments and credit card bills may find relief with student loan forgiveness programs. Freedom Loan Resolution can help Ohio students apply for one of the many different loan forgiveness programs that are available to borrowers.
Each case is different but Ohio students and residents with student loans may be eligible for: principal reduction, loan forgiveness, or a complete loan discharge. We will sit down with you and review your financial documents to help determine which type of loan forgiveness program you are eligible for. Start your journey towards a better, brighter financial future with student loan forgiveness and potentially have some or all of your student loan debt erased!
Income Based Payment Plans
Ohio students and families that are struggling with student loan debt in addition to financial hardship as a result of mandatory living expenses, car and house payments, and credit card bills may be eligible for income based payments towards their student loans.
Income based payment plans are just what they sound like – payments based on your income. In Ohio, this type of program is based on your income and your family size. In some situations, your monthly payment could be as low as $0.00 if your family size and income deem that is all you can afford.
Our student loan counselors will sit down with you and review your financial situation to help determine if an income based payment plan is right for your specific situation.
Loan Consolidation Prep
Ohio students that are looking for ways to get on the right track towards a better and brighter financial future should consider the possibility of loan consolidation on their federal loans. Many Ohio students may have federal loans or grants, or private loans from various financial institutions, but it can be hard to juggle so many different loan payments happening at different times of the month.
Federal student loan consolidation in Ohio takes all of your federal student loans and lumps them into one new loan. You will have one loan with one payment, once a month. In this consolidation, you are able to choose a payment plan that is affordable to you.
We will help organize all of your federal student loan documents so you can ready them for submission to loan consolidation.
Come see our student loan counselors to help straighten out your student loan debt and get on the right course towards a better and brighter future. We know the situation you are in and understand that it can be a stressful time. Our Ohio student debt counselors are standing by, ready to help when you need us most.