Numerous students are carelessly defaulting on their debt while failing to take advantage of student loan programs intended to financially protect them.
Irvine, CA -- (SBWIRE) -- 10/31/2013 -- With all of the repayment plans available to borrowers, some of which cap monthly payments based on income, it should be almost unfeasible for students to default on a federal student loan; yet, it happens frequently. Among former students who started paying back their loans in 2009, 13 percent had defaulted within 3 years. In the end there are still an incredible amount of former students that struggle under the weight of student loans that, 15 or 20 years ago, would not have needed to borrow the funds in order to make it through college.
Student Zoom, a leading loan consolidating agency based in San Diego, is designed to assist people by substantially reducing their loan payments, or in certain cases, even forgiving some of the balance of the interest or loan itself. The company is intent on providing help to thousands of students who are looking for assistance repaying their college financial debt. Throughout their existence Student Zoom has helped many college students differentiate between consolidation scams and those that actually assist students to relieve their debt burden.
When considering the student loan crisis in America, it helps to break the issue in two halves. The amounts of debt students are piling on and defunct systems for helping students manage their debt. Many believe Federal student loan help is thought as the ticket to get through college. Yet as more students graduate, they find that working to obtain Federal assistance is frustrating and time consuming. If only the task of repaying student loans is as easy as taking them out. Instead, with federal assisted programs it’s a complex process with which millions of college graduates regularly face.
Though Student Zoom has made the process of consolidation easy for consumers, the company realized that trust and credibility are a virtue in their industry and has managed to keep weary consumers informed with the best strategies to help them overcome their struggle with student loan debt.
If having trouble making payments monthly payments toward student loans, consolidation can present several alternatives. For more information please call a qualified agent at 800-230-8520 or visit Student Zoom at: http://www.studentzoom.com
About Student Zoom
Student Zoom was built to provide guidance, support and relief to millions of people with Federal and private student loans. Today, Student Zoom is able to provide all their student loan services with a 100% money back guarantee and has helped thousands of individuals become debt free. To learn more about Student Zoom or consolidating loans contact them at 800-230-8520 or online at www.studentzoom.com.
By Marcie McKean
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