Private loans
Private Student Loan Settlement
Private Student Loan Debt
Are you in default or behind on your private student loan or multiple loans? This, as you know, is not an uncommon problem. When you find yourself in financial hardship, past due interest, fees and penalties add up quickly and stress you out. We can negotiate a favorable discounted settlement on your student loan debt and put you on a path to Debt Freedom.
Here at Debt Freedom GA we are serious about helping our clients find financial freedom from crushing student loan debt. We can work to address default and collection activity such as phone calls, mail, and even lawsuits.
We offer a free in-person, phone, or video consultation about your private student loan debt for individuals living anywhere in the United States. We can meet virtually to save you time and make the experience more convenient.
Please note that we do not take federal student loan cases. For information on how to deal with your federal student loans, we recommend you visit the government’s website at https://studentaid.gov/.
Debt Settlement May Be an Option
It is common for students to take out both federal and private student loans to pay for an education. Federal Student Loans cannot be settled, but Private Student Loans have options. We will explore all options with you to help you find financial freedom from your private student loans.
Federal student loans
Stafford, PLUS, Perkins, and other Department of Education loans are federal. They have rehabilitation, consolidation, and income-driven programs available, which you can learn more about at studentaid.gov. We do not handle federal student loan cases.
Private student loans
These are loans provided by other companies and organizations that are not backed by the government. It can be difficult to distinguish private student loans from federal student loans, because they may be serviced by the same company (like Navient). Private student loans can usually be settled for less than the full balance.
How we can help
- Free consult to map private loan balances, default status, and collection activity
- Discuss settlement possibilities when hardship and funding support a negotiation
- Stop collection pressure – once we represent you, the collectors stop calling
Example from our work: Reduced a $268,790.93 private student loan to a $120,950 settlement. Every creditor and situation is different, and no particular settlement result can be guaranteed.
FAQs
Can you settle federal student loans?
No, federal student loans cannot be settled. For federal student loan options, start at studentaid.gov.
Can private student loans be settled?
Yes. Creditors are not required to accept a particular settlement, and outcomes vary, but we can always get you a settlement.
Will you help if collectors are calling?
Yes, once you retain us, we will work to ensure collection activity such as calls and mail are stopped.
Do you only help Georgia residents?
No. We offer a free phone or video consultation about private student loan debt for individuals living anywhere in the United States. Local offices are in Johns Creek, Monroe, and Snellville for Georgia clients.
Start today with a free consultation
It’s important to start today with a free consultation to understand your options and discuss ways to address collection activity as you develop a plan toward financial freedom. Call (404) 913-6992 now to schedule your free private student loan consultation.
Our team will schedule your free consult — phone, video, or in-office.
Call (404) 913-6992