Student Loan Ninja
Struggling with student loan debt? We'll help you restructure that debt to become more manageable and affordable while improving your overall credit score.
Student Loan Ninja gives you
Start building credit
by restructuring your loan and make on-time payments
Restructure loan payments,
based on your current income, to become more manageable
Fix your debt-to-income
by restructuring your loans to have a lower monthly payment
Student loan statistics
Nearly 3 of every 5 graduating students has student loan debt.
1 in 5 of those with student loan debt are behind on their payments or in default.
2 of 5 students who have defaulted on their loans are unable to qualify for major purchases, such as a home or car.
The Student Loan Ninja Process
Analyze Student Loan Debt
We begin by taking a look at the student loans on your most recent credit report, after which we will walk you through a quick questionnaire to identify which program will best address your unique circumstance.
Rehabilitation or Consolidation Process
Weather you failed to make a payment, or defaulted on your student loan entirely there are several repayment options to help you get back on track. This includes but is not limited to student loan consolidation and repayment plan, recertification, public service student loan forgiveness qualification, and even rehabilitation of defaulted student loans.
CIG Platinum Status
While third party student loan services can be very costly ($150-$1200), your Platinum Service with Credit Innovation Group ensures access to our full service student loan department at no additional cost as long as you remain a member.
With Student Loan Ninja you will
Build Positive Credit
Improve DTI Ratio
Having a student loan will not affect your credit score. Your payment history on those loans however can affect it in a significant way-- failed payments will decrease your score and affect your ability to be approved for future lines of credit.
Depending on your payment history and the type of loan you received (federal or private), you may be eligible for deferment or forbearance. Additionally, you may be able to reduce the cost of your monthly payments through a consolidation and income-driven repayment plan.
The loan type (federal or private) and how quickly you plan to pay off your student loans will determine the type of program you should follow. The most common options for repayment are income-driven repayment plans, consolidation programs, or refinancing your loan.
Although the two terms are often used interchangeably, the difference between loan forgiveness and discharge can be defined in the type of loan cancellation. Student loan forgiveness typically involves having an amount of the loan forgiven after the borrower has worked for a certain timeframe--usually in the field of public service or government positions. Student loan discharge on the other hand is based on the borrower’s failure to pay to loan back due to fraud.
In order to qualify for student loan forgiveness, you must be working in the field of public service or a government position. For example, a teacher may have their student loans forgiven after fulfilling their position after an agreed amount of time.
One of the first thing creditors will take into consideration when applying for a mortgage loan is your payment history. A history of on-time payments can greatly improve your credit score/ chance of being approved for a mortgage.
See how we can help you
improve your credit
Having good credit opens the door to achieving our financial dreams. We help our members develop a strong credit profile so that they can do just that. What are you waiting for?