If you, or someone you know, has a mountain of student loan debt or is having difficulty with payments, I have some good news! (Next week, good news for people with a bankruptcy on record.)
I received permission to share this post from a respected credit repair business owner, a colleague and friend who has been helping people with their credit for 15 years. Prior to that, he was a mortgage banker. Mr. Erik Kaplan has over 20 years’ experience in the personal finance space.
I write about repairing your credit like the pros. This message is directly from a highly successful pro:
If you’re struggling to pay student loans, you’re not alone. With 45 million total student loan borrowers collectively owing $1.7 trillion of student loan debt, many simply can’t afford this debt. Maybe you lost your job. Maybe your monthly student loan payments are too high.
We may have a solution. We might be able to help!
Living with a student loan is challenging at the best of times. In these unprecedented times many student loan borrowers are struggling more than ever. The current moratorium on student loan payments has been a welcome relief for many. Unfortunately, it will not last forever. There are several profound reasons a person might deeply resent having to pay their student loan or that of their child. Reasons that go above and beyond the simple fact of disliking debt.
- Some people feel they were misled by their school.
- Some people struggle so much with their payments that they have to put everything else in their lives on pause just to make ends meet.
- Some people’s higher education didn’t translate to high income and they’re unsure whether they’ll ever be able to pay down their debt.
- Some well-intentioned parents are saddled with their child’s debt and feel completely hindered as a result.
If you or someone you know can relate to any of these, there is good news. THD Credit has formed an alliance with an attorney-based student loan contract cancellation and modification service that can help qualified individuals with such hardships. If you have student loan debt of $30k or more and are interested in having a conversation to see if this is a fit for you, call us at (800) 822-7120 or contact us here and we’ll make an introduction.
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