CONSUMER
CREDIT COUNSELING SERVICE OF BUFFALO LAUNCHES STUDENT LOAN COUNSELING
In response to the growing need for education
and assistance with student loans, Consumer Credit Counseling Service of
Buffalo, Inc. (CCCS Buffalo) will begin offering Student Loan Counseling, a
service designed to assist individuals with student loans
Student loans are a growing financial concern
for many individuals. According to the Federal Reserve Board of New York State,
the outstanding student loan balance is now approximately $870 billion, higher
than both credit card and auto loan balances. With college enrollments
increasing and the costs of education rising, this balance is expected to
continue to rise. In addition to student loan debt rising, the default rate has
also increased. In fiscal year 2009 the default rate rose sharply to 9% among
borrowers who entered repayment, up from 7%.
Due to the complexity of the student loan market and options available during repayment, many
individuals with student loans feel overwhelmed and have no place to turn for
help.
During a Student Loan Counseling Session our
Certified Financial Counselors will:
·
Evaluate student loan debt (current or in
default)
·
Explore options for student loans including
deferments, forbearances, alternative repayment plans, and consolidation loans
·
Assist in applying for the appropriate option
·
Assist in communicating with the lender, as
needed
·
Review credit score, credit report and living
expenses
CCCS Buffalo can help consumers in a variety
of other ways as well. New expanded hours include a Live Counseling Line Open: Monday-Thursday
8:00 am-8:00 pm and Friday 8:00 am-4:00 pm.
For more information on Consumer Credit Counseling Service of Buffalo, Inc., call 712-2060 or
visit our website, www.cccsbuffalo.org
Amazing post
ReplyDeleteThis comment has been removed by a blog administrator.
ReplyDeleteThis comment has been removed by a blog administrator.
ReplyDeleteBusiness seems to be tough at first. You need to be planned the entire process more carefully. You can use different customer support outsourcing for the better expansion of your business through ensuring high quality services.
ReplyDelete