Financial Struggles With Student Loans May Make It Harder to Leave a Bad Situation, Notes American Financial Benefits Center
EMERYVILLE, Calif., June 28, 2018 (Newswire.com) - Most people know the heavy-handed impact that student loans can have on a person’s life, either from personal experience or second hand. When combined with other issues, a situation might go from bad to worse quickly. American Financial Benefits Center (AFBC), a document preparation service company, warns people to think carefully about situations that may be harmful and to try and stay safe even when things seem dire.
Housing crises and domestic problems can be a tough situation all on their own, but adding in other potential factors of occupation difficulty and financial instability can make things into a disaster. There are many stories of couples moving in together quickly to better afford a place to live, and then being stuck together when the relationship has gone south because they can’t afford to not live together. Or if one partner is more reliant on another to be able to afford a basic living expense, they may feel obligated to stay. If a relationship sinks to unhealthy levels, an individual may stay in the relationship because he or she feels there is no alternative. “People put up with a lot that they shouldn’t have to in many situations when there are compounding issues, because struggling to find a way out may result in negative consequences. They don’t want to lose their homes, they don’t want to damage their credit, the list goes on. They don’t want to make things worse, so they struggle with what they do have,” said Sara Molina, manager at AFBC.
Borrowers with federal student loans have been experiencing different levels of relief thanks to assistance in applying for income-driven repayment programs with AFBC. “Being stuck in a bad living situation is hard on anyone, even if only temporary. It can lead to a lifetime of different hardships to handle, and dealing with student loans on top of that might just make a problem exponentially worse. With more affordable payments, people have more opportunity to save up money and better their lives,” said Molina.
People put up with a lot that they shouldn't have to in many situations when there are compounding issues, because struggling to find a way out may result in negative consequences. They don't want to lose their homes, they don't want to damage their credit, the list goes on. They don't want to make things worse, so they struggle with what they do have.
About American Financial Benefits Center
American Financial Benefits Center is a document preparation company that helps clients apply for federal student loan repayment plans that fit their personal financial and student loan situation. Through its strict customer service guidelines, the company strives for the highest levels of honesty and integrity.
Each AFBC telephone representative has received the Certified Student Loan Professional certification through the International Association of Professional Debt Arbitrators (IAPDA).
To learn more about American Financial Benefits Center, please contact:
American Financial Benefits Center
1900 Powell Street #600
Emeryville, CA 94608
Source: American Financial Benefits Center