"What Happens After Student Loan Rehabilitation"
Most people are aware that they can rehabilitate their student loans if they have fallen behind on payments. What happens after student loan rehabilitation, though?
The first thing that happens is that your account will be updated to reflect that you have completed the rehabilitation program. This is important because it will show future lenders that you have taken steps to improve your financial situation.
Next, your loan servicer will work with you to set up a new payment plan. This payment plan will be based on your current financial situation and will be more affordable than your previous payments.
Finally, you will once again be able to take advantage of all the benefits that come with having federal student loans, such as deferment and forbearance options. You will also be able to consolidate your loans if you choose to do so.
The Law Offices of Omar Zambrano has helped thousands of the people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706