For Student Loan Borrowers Who Cannot Switch Jobs or Move, Ameritech Financial Encourages Looking Into Income-Driven Repayment

ROHNERT PARK, Calif., February 27, 2018 (Newswire.com) - Hamilton, Ohio, is the latest American city in a growing list of places that offers to contribute cash to student loan repayment in exchange for living or working in that area. Whether meant to attract younger workers to places with declining populations or to fill much-needed public sector jobs, new programs of this type are popping up all over the country. But for those who are just not able to pick up and move, a different approach is possible. Ameritech Financial, a private document preparation company that assists federal student loan borrowers in applying for and maintaining enrollment in repayment plans, encourages borrowers to consider income-driven repayment if they are struggling with their loan repayment and aren’t able to change jobs or move to a new place.

“These opportunities are great for those who can start fresh in a new state or city, but that’s just not a possibility for everyone,” said Tom Knickerbocker, executive vice president of Ameritech Financial. “Many people are tied to a specific job or to a specific place because of family, their health or countless other reasons. Instead, Ameritech Financial helps borrowers who are in that situation to find a repayment plan that matches their needs.”

These opportunities are great for those who can start fresh in a new state or city, but that's just not a possibility for everyone.

Tom Knickerbocker, Executive Vice President of Ameritech Financial

Income-driven repayment plans (IDRs) are available to qualified borrowers regardless of which state they live in or what kind of job they may have. Unemployed borrowers of federal student loans may also take advantage of income-driven repayment.

Ameritech Financial helps borrowers understand and apply for the income-driven repayment plan that suits them best. These plans calculate payments relative to a borrower’s income and family size, potentially lowering payments as low as zero for qualified borrowers. Ameritech Financial also assists clients with the annual recertification process that is required to stay in the plan. IDRs position borrowers for forgiveness after a 20- to 25-year period of repayment.

“Ameritech Financial works hard to educate and help federal student loan borrowers who may benefit from IDRs,” said Knickerbocker. “These plans may make a huge difference in the life of student loan borrowers with few other options.”  

About Ameritech Financial

Ameritech Financial is a private company located in Rohnert Park, California. Ameritech Financial has already helped thousands of consumers with financial analysis and student loan document preparation to apply for federal student loan repayment programs offered through the Department of Education.

Ameritech Financial is a member of the Association for Student Loan Relief (AFSLR), and each representative on the phone has received the Certified Student Loan Professional certification through the International Association of Professional Debt Arbitrators (IAPDA).

Ameritech Financial prides itself on its exceptional customer service.

Contact

To learn more about Ameritech Financial, please contact:

Ameritech Financial
5789 State Farm Drive #265
​Rohnert Park, CA 94928
1-800-792-8621
​[email protected]

Source: Ameritech Financial