With the economy lingering in its current state, it is not surprising that many Americans are staggering under the weight of high-interest debt. Be it credit cards, student loans, medical bills, or any other kind of debt, it has been a struggle against the tide to pay these loans. Unemployment has reached an all time high, with over 10% of US citizens searching for jobs to pay their debts. The Obama administration has risen to the occasion to aid in lowering common man’s debt with free government debt consolidation loans.Government sponsored relief programs are proven to be a success for one and all. You gain by lowering your rate of interest and consolidating your debts into one simple to repay installment. It has worked well for the loaners as well as they recover their debts without incurring too many losses. The country’s economy sees light as it has worked wonders for its financial health as well. The ideal way to figure out if you are entitled for government assistance is to request a free quote online. Several free government and private debt consultants can assist in helping identify the right program to benefit your current debt issueThe DOE has been a very effective program amongst the Direct Loan Consolidation program. This service works by consolidating your loans into one single low-interest loan. This is great for someone with numerous monthly payments and interest rates. The option to increase the repayment time frame is a feature which enables the client in debt to make smaller payments each month over a period of ten or twenty years. The interest rates are very attractively low making it a very good deal indeed.This is just one case in point out of the several of government and private debt consolidation options open to you. Ask for a free quote today and spot the right debt program for your unique needs. No time better than right now to be on the road to a happy debt free life!
