Equip you with the tools and training needed to offer Student Loan Consolidations to clients and prospects. Our program will solve student loan issues and create a profit center for your company!
2. What We Do
• Equip you with the tools and training needed to offer
Student Loan Consolidations to clients and prospects. Our
program will solve student loan issues and create a profit
center for your company!
• Provide your staff with training and support
• Handle all front-end & back-end operations
– Qualify prospects for consolidation, payment plan & forgiveness
program eligibility
– Process consolidations for clients
– Provide continual and outstanding customer service throughout
process, ensuring proper completion
3. FACTS
• 37 million people have student loan debt
• 10 million people have past due balances
• Total balance of student loan debt is $1 trillion!
• 40% of people under 30 years old have student loan debt
• The average outstanding debt is $18,000. For new
graduates, the average debt is $34,000!
• 1 out of every 6 people with student loans is in default
4. Program Benefits
• One payment instead of multiple payments
• Lower payment
– Income-based payment plans that ensure an
affordable payment
• Forgiveness programs available for those who qualify
• Get out of DEFAULT
– Lowers interest rate on defaulted loans from
18.5% to under 7%
– Existing defaulted loans are paid off which leads to
improved credit scores
5. Program Benefits
– Restores federal privileges
• Eligibility to place loans into deferment &
forbearance
– Restores eligibility to take out new student loans in
order to go back to school
– Prevent tax off-sets (IRS withholding of tax refund
check)
– Prevent wage garnishment; loans in default are
subject to wage garnishments of 15-25%
• Process completed in 60 days or less!
6. Who Qualifies?
EVERYBODY with outstanding Federal Loans!
• NO credit requirement
• NO income requirement
• NO minimum loan amount
• Private loans are NOT eligible to be consolidated into
the program