Because we know the consolidation business so well, we often employ many deferment, forbearance and repayment techniques allowed by law for each case. In many cases, where other consolidators say "no," we can say "yes!"

Jason M.- final year of law school, needs funds now to join a law partnership
In his final year of law school, Jason wanted to consolidate his $80,000 in federally guaranteed student loans. He was graduating this May and then needed funds to buy into a law partnership.
Jason had put together a 5-year plan to manage his career goals and finances. His OneSimpleLoan® Loan Consultant constructed a loan consolidation package that would keep him out of repayment for a minimum of 6 years!

This allowed Jason to 1) pay off his higher interest credit cards and loans, 2) continue to pay his other current bills, including room and board and, more importantly 3) get more time to establish his business without having the burden of a student loan repayment.

We figure that after his new business is up and running, Jason will be able to pay off his student loans with one check!

Dr. Michael H., MD - established physician needing a mortgage while repaying student loan debt
Dr. H, who was in the process of buying a new home, contacted us about consolidating his student loans totaling over $100,000. Shortly after sending us his completed consolidation application, Dr. H called and frantically asked if we could expedite the consolidation of his student loans because his mortgage lender was pressuring him to lower his debt-to-income ratio.

With Dr. H's permission, his OneSimpleLoan Loan Consultant went to work behind the scenes, calling the mortgage broker directly to discuss the situation, including following up with 3 letters to Dr. H's lender.

Through our efforts, we were able to help Dr. H not only get approved for a $250,000 mortgage but negotiate an even better rate due to the higher credit score that appeared on his credit report after consolidation. As a result, Dr. H saved thousand of dollars in interest on both his student loans and home mortgage!

Dr. Charles D. - wanted forbearance from previous lender for subsidized and unsubsidized federal student loans
Dr. Charles D., who had $256,000 in student loans and $125,000 of it was subsidized, had applied for forbearance through his previous lender.

One of our Student Loan Consultants called Dr. D. to help him consolidate his student loans (which his previous lender had failed to do). OneSimpleLoan® also educated Dr. Dewberry about the benefits of a deferment, where the government pays the interest on the subsidized portion while in deferment.

Dr. D saved over $9,000 in interest fees!

Sean - December graduate, currently unemployed
Sean graduated in December of last year and is currently unemployed. He has a six-month grace period; however, due to a break in time he used up his grace period for several of his loans.
He unsuspectingly received a bill from one of his lenders for $486.00, due in two weeks. His other lender was not asking for payment until July of this year.

Sean called us in a panic because he did not have the money to pay the bill; he was expecting to start making payments in July. We advised Sean to contact the lender requesting repayment and ask that it immediately put his loans in a 30-day administrative forbearance, therefore postponing his payment.

We then sent Sean a form that allows him to forgo his grace period on his other loans so that we could consolidate all of his loans at the same time. Because of his current unemployment status, we advised Sean to apply for an unemployment deferment once the consolidation was completed, thereby postponing repayments on all of his loans from a minimum of 6 months to a maximum of 5 1/2 more years!

Dr. Carrie M., DDS - Dental school resident told by other consolidation companies that her student loans could not be consolidated
Dr. M. finished dental school and was attending a 1-year residency program at NSU. She contacted OneSimpleLoan because she was told by several other consolidation companies that as long as she was in a residency program, she could not consolidate her student loans.

We advised Dr. M. that OneSimpleLoan is a problem-solving consulting firm. And if anyone could help her consolidate her loans, we could. Dr. M. put her faith in us, and we went to work.

We met a few roadblocks right off the bat: when we sent requests for consolidation to her current lenders, they were rejected. After conducting some research, we uncovered the reason for the rejections: the NSU residency program still had Dr. M. on record as still in attendance in dental school. The reason? NSU wanted to retain her attendance status as in-school so that NSU could qualify for additional funding for its students. Good for the school, not good for Dr. M.

We then had NSU send us a letter explaining that Dr. M. had indeed graduated from dental school even though she was on file as in-school. Her student loan lenders continued to refuse to release the loans for consolidation.

Undeterred, OneSimpleLoan requested that NSU remove Dr. M. from in-school status and send us a letter to that effect. We then contacted Dr. M's lenders with this removal, and that her status would be updated within 48 hours.

Dr. Tiffany J., MD - established physician wanting to consolidate both her HEAL loan and other federal student loans with one fixed rate and one payment
Dr. J. owned a $28,000 HEAL Loan on top of $117,000 in additional federal student loan debt. In conversations with other student loan consolidators, Dr. J. found that these firms only offered her to consolidate her Federally Guaranteed student loans at a fixed rate and refinance her HEAL loans at a variable rate (91 T-Bill +1.5 - 2.0%).

Dr. J. came to OneSimpleLoan® to see if we could avoid having two different interest rates and two different payments. After reviewing her complete student loan portfolio, and implementing our in-depth knowledge of student consolidation regulations, we were able to consolidate all of Dr. J's Federally guaranteed student loans so she'd have only one monthly payment!