[et_pb_section fb_built=”1″ admin_label=”Courses Hero” _builder_version=”3.19.18″ use_background_color_gradient=”on” background_color_gradient_start=”rgba(0,0,0,0.53)” background_color_gradient_end=”rgba(0,0,0,0.35)” background_image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/12\/9o8ydygtt64.jpg” background_blend=”overlay” custom_padding=”100px|0px|180px|0px” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”2%” locked=”off”][et_pb_row custom_width_px=”1280px” custom_margin=”|||” _builder_version=”3.0.82″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″][et_pb_text _builder_version=”3.17.6″ header_font=”|on|||” header_font_size=”42px” header_font_size_last_edited=”on|desktop” header_line_height=”1.3em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”center” background_layout=”dark” max_width=”530px” module_alignment=”center” custom_padding=”|||” locked=”off”]<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”3.17.6″ text_text_color=”#d4ccff” text_font_size=”16px” text_line_height=”1.9em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”center” max_width=”540px” module_alignment=”center” locked=”off”]<\/p>\n
Student Loans are only confusing if you don’t have the resources you need to help you understand your options. FlexxPrep is here to be that resource for you.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Courses” _builder_version=”3.0.82″ custom_padding=”0px|0px|100px|0px”][et_pb_row custom_padding=”0px|0px|27px|0px” custom_margin=”|||” _builder_version=”3.0.82″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”1_2″ _builder_version=”3.0.47″][et_pb_blurb title=”How does it work?” url=”#” image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/11\/coding-icon_8.jpg” icon_placement=”left” content_max_width=”1100px” _builder_version=”3.17.6″ header_font=”|on|||” header_text_color=”#2e2545″ header_line_height=”1.5em” body_text_color=”#8585bd” body_font_size=”16px” body_line_height=”1.9em” background_color=”#ffffff” background_size=”initial” background_position=”top_left” background_repeat=”repeat” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”0px” box_shadow_blur=”60px” box_shadow_color=”rgba(71,74,182,0.12)” custom_margin=”-80px||10%|” custom_padding=”30px|40px|119px|40px” filter_hue_rotate=”329deg” animation_style=”zoom” animation_direction=”bottom” animation_intensity_zoom=”20%” animation_starting_opacity=”100%” locked=”off”]<\/p>\n
Most of the income driven repayment plans have forgiveness built into them. These repayment programs allow you to base your monthly payment of your loans on your income and household size with a set repayment term. Once you have completed your term of qualified payments, the remaining unpaid principal balance and accrued interest will be completely forgiven by the U.S. Department of Education.<\/p>\n
[\/et_pb_blurb][et_pb_blurb title=”What about a deferment or forbearance?” url=”#” image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/11\/coding-icon_1.jpg” icon_placement=”left” content_max_width=”1100px” _builder_version=”3.17.6″ header_font=”|on|||” header_text_color=”#2e2545″ header_line_height=”1.5em” body_text_color=”#8585bd” body_font_size=”16px” body_line_height=”1.9em” background_color=”#ffffff” background_size=”initial” background_position=”top_left” background_repeat=”repeat” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”0px” box_shadow_blur=”60px” box_shadow_color=”rgba(71,74,182,0.12)” custom_margin=”||10%|” custom_padding=”30px|40px|30px|40px” filter_hue_rotate=”329deg” animation_style=”zoom” animation_direction=”bottom” animation_intensity_zoom=”20%” animation_starting_opacity=”100%” locked=”off”]<\/p>\n
Deferments and forbearances are both just temporary postponements of the payments of your loan. Once that period of time is up, you still owe the balance of your loan. However, if you’re eligible for a $0 payment on an Income Driven Repayment Program, the unpaid balance at the end of your term is forgiven by the U.S. Department of Education.<\/p>\n
[\/et_pb_blurb][et_pb_blurb title=”How long does it take?” url=”#” image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/11\/coding-icon_3.jpg” icon_placement=”left” content_max_width=”1100px” _builder_version=”3.17.6″ header_font=”|on|||” header_text_color=”#2e2545″ header_line_height=”1.5em” body_text_color=”#8585bd” body_font_size=”16px” body_line_height=”1.9em” background_color=”#ffffff” background_size=”initial” background_position=”top_left” background_repeat=”repeat” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”0px” box_shadow_blur=”60px” box_shadow_color=”rgba(71,74,182,0.12)” custom_margin=”||10%|” custom_padding=”30px|40px|30px|40px” animation_style=”zoom” animation_direction=”bottom” animation_intensity_zoom=”20%” animation_starting_opacity=”100%” locked=”off”]<\/p>\n
After your initial financial analysis and loan review, your enrollment advisor will assist you with better understanding the different programs you\u2019re eligible for so that you can make a knowledgeable decision on which will work best for you. Once you\u2019ve chosen a program, FlexxPrep will begin the document preparation required to submit your application to the Department of Education and your loan servicer. The normal timeline for a loan consolidation or entering an Income Driven Repayment Program is between 30 and 90 days, however, there may be situations that can cause the process to lengthen.<\/p>\n
[\/et_pb_blurb][et_pb_blurb title=”What if I’m disabled?” url=”#” image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/11\/coding-icon_5.jpg” icon_placement=”left” content_max_width=”1100px” _builder_version=”3.17.6″ header_font=”|on|||” header_text_color=”#2e2545″ header_line_height=”1.5em” body_text_color=”#8585bd” body_font_size=”16px” body_line_height=”1.9em” background_color=”#ffffff” background_size=”initial” background_position=”top_left” background_repeat=”repeat” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”0px” box_shadow_blur=”60px” box_shadow_color=”rgba(71,74,182,0.12)” custom_margin=”||10%|” custom_padding=”30px|40px|30px|40px” filter_hue_rotate=”329deg” animation_style=”zoom” animation_direction=”bottom” animation_intensity_zoom=”20%” animation_starting_opacity=”100%” locked=”off”]<\/p>\n
Total and Permanent Disability Discharges are available to borrowers who qualify based on several factors including when you became disabled, how long you’ve been disabled and whether or not you’re totally and permanently disabled or partially disabled. Speaking with a FlexxPrep advisor will allow you to understand whether or not a TPD is the right choice for you.<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”3.0.47″][et_pb_blurb title=”What are the disadvantages of consolidation?” url=”#” image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/11\/coding-icon_7.jpg” icon_placement=”left” content_max_width=”1100px” _builder_version=”3.17.6″ header_font=”|on|||” header_text_color=”#2e2545″ header_line_height=”1.5em” body_text_color=”#8585bd” body_font_size=”16px” body_line_height=”1.9em” background_color=”#ffffff” background_size=”initial” background_position=”top_left” background_repeat=”repeat” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”0px” box_shadow_blur=”60px” box_shadow_color=”rgba(71,74,182,0.12)” custom_margin=”-80px||10%|” custom_margin_tablet=”0px||10%|” custom_margin_last_edited=”on|phone” custom_padding=”30px|40px|30px|40px” filter_hue_rotate=”329deg” animation_style=”zoom” animation_direction=”bottom” animation_delay=”100ms” animation_intensity_zoom=”20%” animation_starting_opacity=”100%” locked=”off”]<\/p>\n
While there are a large number of benefits that come with consolidating your student loans or going into different repayment and forgiveness programs, there are a few situations that could possible affect you negatively. For example, if you are considering challenging the loan, the most common situation being fraud, a consolidation may waive some defenses. If you are considering appealing your loan or bankruptcy, consult with your lawyer before applying for a loan consolidation.<\/p>\n
[\/et_pb_blurb][et_pb_blurb title=”How is my interest rate calculated?” url=”#” image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/11\/coding-icon_2.jpg” icon_placement=”left” content_max_width=”1100px” _builder_version=”3.17.6″ header_font=”|on|||” header_text_color=”#2e2545″ header_line_height=”1.5em” body_text_color=”#8585bd” body_font_size=”16px” body_line_height=”1.9em” background_color=”#ffffff” background_size=”initial” background_position=”top_left” background_repeat=”repeat” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”0px” box_shadow_blur=”60px” box_shadow_color=”rgba(71,74,182,0.12)” custom_margin=”||10%|” custom_padding=”30px|40px|97px|40px” animation_style=”zoom” animation_direction=”bottom” animation_delay=”100ms” animation_intensity_zoom=”20%” animation_starting_opacity=”100%” locked=”off”]<\/p>\n
Consolidating your loan will allow you to switch any variable-rate loans to a fixed interest rate. This interest rate then becomes the weighted average of the interest rates on the loans being consolidated, rounded up to the nearest one-eighth of one percent.<\/p>\n
[\/et_pb_blurb][et_pb_blurb title=”Who do I make payments to?” url=”#” image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/11\/coding-icon_4.jpg” icon_placement=”left” content_max_width=”1100px” _builder_version=”3.17.6″ header_font=”|on|||” header_text_color=”#2e2545″ header_line_height=”1.5em” body_text_color=”#8585bd” body_font_size=”16px” body_line_height=”1.9em” background_color=”#ffffff” background_size=”initial” background_position=”top_left” background_repeat=”repeat” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”0px” box_shadow_blur=”60px” box_shadow_color=”rgba(71,74,182,0.12)” custom_margin=”||10%|” custom_padding=”30px|40px|238px|40px” filter_hue_rotate=”329deg” animation_style=”zoom” animation_direction=”bottom” animation_delay=”100ms” animation_intensity_zoom=”20%” animation_starting_opacity=”100%” locked=”off”]<\/p>\n
FlexxPrep is a third party document preparation company that assists student loan borrowers with their enrollments into federal repayment and forgiveness programs. You will continue making payments to your current loan servicer or a new loan servicer, depending on your specific situation.<\/p>\n
[\/et_pb_blurb][et_pb_blurb title=”What if I’m a public service employee?” url=”#” image=”https:\/\/flexxprep.comwp-content\/uploads\/2018\/11\/coding-icon_6.jpg” icon_placement=”left” content_max_width=”1100px” _builder_version=”3.17.6″ header_font=”|on|||” header_text_color=”#2e2545″ header_line_height=”1.5em” body_text_color=”#8585bd” body_font_size=”16px” body_line_height=”1.9em” background_color=”#ffffff” background_size=”initial” background_position=”top_left” background_repeat=”repeat” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”0px” box_shadow_blur=”60px” box_shadow_color=”rgba(71,74,182,0.12)” custom_margin=”||10%|” custom_padding=”30px|40px|116px|40px” filter_hue_rotate=”329deg” animation_style=”zoom” animation_direction=”bottom” animation_delay=”100ms” animation_intensity_zoom=”20%” animation_starting_opacity=”100%” locked=”off”]<\/p>\n
In September of 2018, tens of thousands of borrowers applied for Public Service Loan Forgiveness and less than 1% of applicants were approved. FlexxPrep will help you understand what needs to be done in order for you to qualify.\u00a0<\/p>\n
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Knowledge Center Student Loans are only confusing if you don’t have the resources you need to help you understand your options. FlexxPrep is here to be that resource for you. Most of the income driven repayment plans have forgiveness built into them. These repayment programs allow you to base your monthly payment of your loans […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-127","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/flexxprep.com\/index.php\/wp-json\/wp\/v2\/pages\/127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flexxprep.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/flexxprep.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/flexxprep.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/flexxprep.com\/index.php\/wp-json\/wp\/v2\/comments?post=127"}],"version-history":[{"count":9,"href":"https:\/\/flexxprep.com\/index.php\/wp-json\/wp\/v2\/pages\/127\/revisions"}],"predecessor-version":[{"id":501,"href":"https:\/\/flexxprep.com\/index.php\/wp-json\/wp\/v2\/pages\/127\/revisions\/501"}],"wp:attachment":[{"href":"https:\/\/flexxprep.com\/index.php\/wp-json\/wp\/v2\/media?parent=127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}