First Loan Choice will assist anyone looking to generate paperwork for a Federal Student Loan Consolidation program.
We only generate your terms and paperwork & we can only assist in Federal Student Loans. You will be responsible for keeping up on time payments with the Federal Government and First Loan Choice has no contact with any student loan servicing agency. We simply do the work for you and send you all updated information in regards to your new loan payment and terms. There is a onetime upfront fee for this service and we are able to generate all info and help you get on a much better payment plan today!
Apply from our site. We reach out to you right away.
We reach out to you right away
Please have your FAFSA PIN number available to expedite this process.
We will take care of all documents needed in order to secure you the best options available as well as possible forgiveness!
The benefit to working to restructure your student loans are
Can get behind accounts out of default
Can re-enroll in school and finish earning your degree
Based on current tax information, this can significantly reduce payments!
Will help improve overall credit scores
This is the only available option to get current on Federal debt
No monthly recurring charges. Just a onetime fee!
Can put an end to garnishments and tax liens!
FREQUENTLY ASKED QUESTIONS
Do you have a fee for your service?
No. Our service is 100% free!
Will this affect my credit?
Yes. The lenders do verify credit scores. That's why we're here. We'll provide the best loan option to fit your current situation without wasting your time with lenders we know will not approve.
If I choose to consolidate/settle my debt, do I have to close my credit card accounts?
Once you send back your application, we will let you know if any of these accounts need to close. But based on our experience, we request you close any credit account you choose to no longer use.
Where is your office located?
Coral Springs, FL
Why would I work with First Loan Choice vs. any other business lender offering me similar terms?
We have many differences that many other lenders cannot offer. Most lenders don't utilize experience and education when assisting with financing, they'd hire anyone who can read and write. First Loan Choice uses the strictest hiring process in order to bring the best agents to help the best people!
If you are looking for financing now, you may have come across agencies who "match" clients with loan options. The problem there is that you will NEVER speak with that agency again and therefore are back on your own looking for loans. We walk you right into funding! And yet other agencies are clever credit repair companies disguised as someone who can give you money. First Loan Choice is in the business of lending and LENDING ONLY! We'll tell you like it is and guide you in the right direction always!
How does First Loan Choice make money?
First Loan Choice, through years of experience and education in the loan industry, has its own premium network of lenders. These lenders all pay First Loan Choice a separate fee if you are approved and funded.
What are your interest rates?
Personal loans start at 5.9% APR. Business loans start at 1.12% factoring rates.
What is the maximum PERSONAL loan amount I can get now?
What was last year's income after taxes? (Usually you can get 50-60% of your income as long as you are NOT revolving any other loans)
What is the maximum BUSINESS loan amount I can get now?
What are your average monthly sales deposits? (On business loans, they can max at 125% of the client's monthly deposits as long as the business has no other revolving loans)
Disclaimer: Debt Management services are solely provided by a tax identifiable nonprofit organization in which First Loan Choice is not or does NOT claim to be. First Loan Choice will assist clients with connecting to a nonprofit debt management firm. First Loan Choice works with attorneys for credit & debt settlement services. First Loan Choice is NOT or does NOT claim to be licensed attorneys or paralegals in any way. First Loan Choice is not a lending institution or does NOT claim to be. Not ALL loan options are solely provided by First Loan Choice and some lenders will refer client to additional financial assistance options. The Annual Percentage Rate or APR is predicated by a client's credit history as well as Debt to Income Ratio (DTI). First Loan Choice has no authority to "guarantee" loans in any way and are dictated by underwriters and direct lending institutions. Debt Services and Some Loan Services are not available in all 50 states. Contact a representative for exact information.