Welcome To The Loan Wizards

We are here to assist you with your loans
And get you on the path to Debt Freedom
You'll swear it's magic!

 

Wouldn't it be nice if those student loans would just disappear ?

Well, you may be in luck. Call today to see
If you qualify for loan forgiveness

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Federal Student Loan Forgiveness

If you have federal student loans, you may qualify for one of the programs introduced by the Obama administration under the William D. Ford Direct Loan program. Learn more here.

Private Student Loan Debt

With our debt settlement program, an attorney contacts your lenders and negotiates on your behalf for a significant reduction of interest and principal owed. Learn more here.

Home Loan Refinancing

Pay off your mortgage faster, or lower your monthly payment. Whatever your goal, we can help you reach it. Get started today.

We’ll Take Care of the Paperwork

We pride ourselves on providing our clients with a quality, hassle-free experience. Give us a try, you’ll know a real wizard took care of your loans!

 

Stop living life hindered by debt. There are options available.

What is President Obama’s student loan forgiveness program?

Obama Student Loan forgiveness is really just a nickname for the William D Ford Direct Loan program. This program was actually initiated under President Clinton, but the Obama administration made some changes to it in 2009, popularizing the term. Some of the changes made under the Obama administration include no longer allowing the federal government to give subsidies to private lenders for federally backed loans, and new borrows are eligible for loan forgiveness after 20 years of repayment instead of the previously established 25 years. There are several repayment options available to former students, with many people qualifying for $0 payments until loan forgiveness is available. You can find a lot more information on the Obama student loan forgiveness programs here. Unfortunately, these programs do not provide relief to borrowers with private student loans. But hey, we’re the loan wizards – we can help with those too.

President Obama Loan Forgiveness

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