Depression And Anxiety Called Private Student Loan Debt

//Depression And Anxiety Called Private Student Loan Debt

Julie B

Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

Anyone who has struggled to repay their private student loans can attest to the amount of pressure and negative consequences that can come from having this burden hanging over your head.  Because the lending agencies are so unwilling to help former students work out a repayment plan that they can afford, people who have been conscientious about paying their bills their entire lives are being forced into default on a regular basis.  This can cause serious anxiety and depression, especially upon the realization that this private student loan debt could very well be a load that will have to be carried for a lifetime.

Even before a private student loan goes into default, lenders are known for putting an enormous amount of pressure on their customers to keep making payments, regardless of the hardships they may be facing.  Having a loan company making multiple phone calls a day to their home and workplace may result in panic attacks for some people and depression for many others.  People who owe on private student loans routinely report a fear of answering their telephone due to the aggressive and often outright hostile tactics of their lending firm.

Once a loan goes to a collection firm however, the situation can become nothing short of intolerable.  Threats of wage and tax return garnishments or foreclosures on a debtor’s home are common, which results in some people feeling as though the only way out is through death.  All of this pressure can obviously create major problems in the personal lives of debtors, with consequences that no college freshman could possibly foresee.  As one graduate who finally divorced after the weight of his private student loan debt became too much to bear puts it, “I became educated and I lost my family.”  The loss of their marriage, hope for the future and peace of mind is far too high a price for anyone to be expected to pay for a college education.

If you feel you were defrauded by the school you attended or you are being treated poorly as a distressed borrower by your creditors, take the free challenge debt review to find out what options you have regarding your student loans.

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief


    Tell Us About Your Situation

    Hardship Form
    Sending

    By entering phone number and email you're acknowledging that you will receive communication from Challenge Student debt regarding your student loan relief options via text, email and phone.  Help is on the way.

    *Please note that all calls with the company may be recorded or monitored for quality assurance and training purposes. Challengestudentdebt offers enrollment in programs that best fits the consumers needs. Not all debts are eligible for enrollment; client must be in financial hardship to enroll. If client decides on enrolling in debt settlement, clients who are able to stay with the program and get all their debt settled realize approximate savings of 50% before fees. Fees are typically half of the monthly payment required by creditor. Maximum fee is 20% of debt enrolled, for a maximum of 24 months. Not all clients complete the program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. The program does not guarantee that you will be debt-free within a specific period of time. The company does not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating. The program may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements the company obtains on your behalf resolve the entire account, including all accrued fees and interest. In addition the company will provide a contracted attorney if required.

    Or Call Now: 855-980-6818

    Privacy Policy

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Meet Attorney Binh Bui

    Binh Bui Private Student Loan Hardship Program
    Attorney Binh Bui, is an active member of the California Bar and has been involved in developing and managing debt relief programs for over ten years.  Over the past three years he saw that many individuals struggling with their monthly payments on their Private Student Loans were not being provided many relief options by their creditors and had very limited options for help.

    Because of this, he developed a Private Student Loan Relief Program for individuals going through financial hardship, creditor harassment and legal threats.  The program works to get individuals who qualify a significant reduction in debt, interest and payments.

    *the program developed by Binh Bui is managed by a company and is not a law firm.  Binh Bui is involved in that company

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief Based On Education Fraud

    Get Started With FREE Private Student Loan Review!

    fb form - challenge
    Sending

    Prefer Phone Review? Call Now: 866-605-7167

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief On Your Private Loans

    Get Started With A Review Via Text Now!

    Name, Phone, Zip
    Sending

    Prefer Phone Review? Call Now: 855-980-6818

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Relief Programs

    Get Started With A Review Now!

    site form - challenge
    Sending

    Prefer Phone Review? Call Now: 855-980-6818

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief On Your Private Loans

    Get Started With A Review Via Text Now!

    Name, Phone, Zip
    Sending

    Prefer Phone Review? Call Now: 855-980-6818

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief Based On Education Fraud

    Get Started With A Review Via Text Now!

    Name, Phone, Zip
    Sending

    Prefer Phone Review? Call Now: 866-605-7167

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Start Your Student Debt Challenge Review

    site form - challenge
    Sending

    By clicking, “Start Challenge Review” you are acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text, email and phone. Your information will not be passed or sold to any 3rd parties