The following services are available to all members enrolled with Select Student Services
Why research your home value?
A home appraisal doesn’t always mean you are looking to put a for-sale sign on your lawn. Maybe you just want to get an idea of what your home value is at the current time. Or perhaps you’re starting to think about selling your home but first want to know what to expect from its value. There are numerous reasons why an estimate is very important on such a large investment. We are here to help you find out in a short period of time.
Select Student Services is here to help you with your free Annual online appraisal and help you get the estimate you’re awaiting. These appraisals are concluded with the latest data such as property records, recent home sales, and neighborhood information.
Members can receive their free annual appraisal by contacting us today.
Need to change your repayment plan?
Federal loans offer the opportunity to lower the amount you owe each month by changing your student loan repayment plan, which is a benefit most private loans don’t offer. Most of the time a lower monthly payment does mean a longer repayment term which increases the total interest you’ll end up owing. Switching to a more affordable repayment plan could help you avoid all consequences of default, bad credit, garnished wages and inability to qualify for federal aid in the future. We can help you change your repayment plan and give you more in depth information.
Take full control of your finances
Lifestyle and financial goals can unexpectedly change at any time. As such, it is very important that your financial analysis is concluded by a professional to lead you in the right path. Your goals should be specific, measurable, achievable, realistic and time-targeted (S.M.A.R.T.). Reviewing your financial situation can also help identify if there are any tax efficient strategies that can be in your favor. These strategies could include reviewing your investments to ensure you have the right products to suit your current situation and goals.
Debts can be a very difficult task to overcome. You may be struggling with a heavy amount of debt and it becomes difficult to make a dent on your credit cards, personal loans or mortgage. The free phone consultation can help identify ways to help you pay off more debt and free up more cash flow by creating the perfect structure.
What’s in your credit report?
You being a member automatically qualifies you for a free annual credit report which a financial professional will also review. It’s a freebie! Don’t pass it up. Your credit report plays a major role in your credit transactions and many other financial relationships.
Reviewing your credit report annually will help you make sure it is in good shape and you know exactly what to expect when you need to apply for new credit. What about identity theft? You might find names you don’t recognize, social security numbers your not familiar with, or accounts that don’t belong to you. National credit reporting companies can help you stop the credit fraud and prevent future misuse of your identity.
Good credit can save you thousands of dollars in interest payments over the course of your life. Make sure it remains protected year-round.
Annual recertification for income-driven repayment plans
If you’re repaying federal student loans in an income driven repayment plan, each year you need to provide your servicer with updated income documentation with certification of your family size. It normally done around the same time of the year that you first began repayment under IDR plan you selected.
Reapplication for the plan isn’t necessary but its definitely important for you to provide the required information by the specific deadline. Now what happens if you miss the deadline? Your monthly payment will no longer be based on your income and may increase.
Select Student Services will take care of all this for you by submitting proof of income annually in order for you to maintain the best possible repayment plan year after year.
Free tax preparation services
Members who are looking to file their income taxes have the opportunity to have them filed annually at no cost. The qualifying form would be an IRS 1040EZ form only. Making a taxable income of less than $100,000, not claiming any dependents and file as single or married filing jointly may qualify you. The tax preparer will evaluate your personal information, sources of income, payments, credits and tax in more detail to determine your eligibility. It’s a simple tax form but it is always best to have a professional help you with such a sensitive matter.
Get the solution to your tax problem
Dealing with back taxes can be very scary and difficult for the inexperienced. Have Unfiled Tax Returns? Wage Garnishment? Bank Freeze? Property Lien? Audit Notice? Payroll Tax Problem? These are questions that can be answered during the phone consultation.
Every case is different and a phone consultation will determine whether your eligible for any help. There are many unethical companies so it is very important to hear from a seasoned professional. Your case can be evaluated and your situation can be compared to tax laws and regulations.
Forbearance & Deferment
A Deferment is a period during which repayment of the principal and interest of your loan is temporarily delayed. During a deferment, you do not need to make any payments. Depending on the type of loan you have the government may pay the interest on your loan during the deferment period.
With forbearance you may be able to stop making payments or reduce your monthly payment for up to 12 months. Unfortunately interest will continue to accrue on your subsidized and unsubsidized loans (including all plus loans).
Our professionals can review your file and give you the best guidance and get you through the process.