If you have ever struggled under the weight of student debt, you know how stressful and disruptive it can be. Not only can you not get ahead, but you are also constantly trying to pay down the principal, rather than just chipping away at the accrued interest with your payments. With the recent downturn in the economy, Americans are carrying higher debt levels and more debts are going into default than ever before. As more people turned to get an education as a means of securing a brighter future for themselves, tuition and loan interest rates rose. Post-secondary graduates realized that they weren’t just gaining an education, but a heavy debt load. With the economy making it hard to secure employment in a number of industries, the need for debt-assistance companies emerged. SL Account Management is one such company that has made a business out of helping borrowers regain control of their finances and student debt.
Who is SL Account Management?
SL Account Management is a private company that is not affiliated with any government agency, Department of Education, or loan service, provider. They work on behalf of their clients and only receive payment once the new debt-repayment program is underway. SL Account Management specializes in federal student loans. They are known to provide their clients with premium-quality customer service and a customized approach to debt repayment and assistance. SL Account Management has helped set the industry standard for financial assistance by the standard of excellence with which they serve each and every one of their clients.
Financial Consultation
One of the first steps to gaining assistance from the SL team is through their initial financial consultation. With their comprehensive questions, they will be able to gauge where you are financial, what type of debt you are carrying, and what your financial goals are. Through a thorough understanding of your finances, the SL representative will be able to come up with a customized plan to help you get out from under your debt with a sustainable repayment plan that will also help you achieve your financial goals.
Documents Processing and Preparation
Anyone who has tried to get a grip on their finances knows the challenge of endless piles of paperwork. The SL Account Management team not only know which documents are related to which program, but they will also take over the processing and preparation for you so the stress of filling and filing them correctly is removed. With the documents and preparation services offered by SL Account Management, their clients can focus on regaining control over their finances, rather than worrying about application deadlines and payment schedules.
Debt-Relief Programs
Many borrowers are unaware of the options that are available to them in the form of government assistance debt relief or forgiveness programs. Your SL Account Management representative will be knowledgeable in the areas of debt-relief programs and will be able to help determine which ones you are eligible for and which ones best suit your circumstances. There are debt-relief programs and resources available, and having an SL Account Management representative advocate for you and guide you through the process helps ensure you are not missing out on any potentially helpful debt-assistance options.
If you are struggling with the burden of heavy student debt, there are resources available to help you gain financial control. Companies like SL Account Management have made it their business to provide borrowers with assistance in paying down their debt or finding government-assistance programs that can help. Through their guidance and financial consultation, your SL representative can get you started on the path to financial freedom and debt relief.