United Docu Prep is here to help. We understand the requirements by the Department Of Education needed and can put in simple terms how to prepare your so you can be sure that your application process goes smoothly and that you get what you’re entitled to.
Our Professional experienced and courteous agents are standing by to help with income-based repayment programs that can drastically rreduce your monthly payment and forgive the balance of your loans by the end of your term.
For those of you who have federal student loans, you may be able to take advantage of programs that are available for student loan forgiveness. You may qualify for a reduction of your principal, loan forgiveness, or even a loan discharge depending on the status of your loans and financial situation.
Under federal student loan consolidation, all your federal student loans can be taken and combined into one single new loan. This will give you one monthly bill with one lender and give you the option of choosing a payment plan more suitable to your budget and qualify you for forgiveness.
Like any other loan types, federal student loans have the borrower sign a promissory note before the disbursement of the loan. In the promissory note, all the details of the loan including the amount loaned, interest rate, payment due dates and remedies if the loans are not paid off according to the schedule are laid out clearly.
There are programs that are based upon your income, family size and filing status available if you are unable to make your current or future monthly payment or are simply looking to see if you can get a reduction in your monthly payment. Your new payments can be as low as $0 a month and have the potential to have complete loan forgiveness.