Student loan borrowers have a lot of issues pressing in on them at once. Repayment is tough enough without trying to afford the rest of life. Repayment for many borrowers dictates and drives much of how they lead their lives, without hearing from people that they must not be trying hard enough to pay down their debts. Ameritech Financial, a document preparation service company that works with borrowers to help align them with federal repayment plans for which it also assists in the application process, knows borrowers are often already doing all that they’re capable of doing to keep themselves afloat.
Individuals with access to lots of money, be it their own funds or those of their parents, don’t often grasp what it’s like to struggle. They may do similar things as people who don’t have a financial safety net, like worry and hope for the future, deal with finances and take out student loans, but they won’t have the same consequences as someone who sometimes has to worry how they’re going to afford to keep the power on. There are quite a few articles out there that like to claim that with just a little sacrifice — such as giving up the latest iPhone or simply buying cheaper groceries — student loans can be repaid. Borrowers who sometimes have to go without groceries know that that just isn’t possible. “Student loan repayment is hardest on those already going through a rough time financially. They should be able to seek help. And that’s where Ameritech Financial might be able to come in,” said Tom Knickerbocker, executive vice president of Ameritech Financial.
In certain situations, making changes to reduce expenses isn’t realistic. For example, moving to a cheaper area still requires money to move and have a deposit on the new place. That also assumes that a struggling borrower isn’t already living in a cheaper area to try and meet that very expectation: to keep lowering the standard of living until all that’s left is student loan repayment. Ameritech Financial helps struggling student loan borrowers apply for federal income-driven repayment programs in an effort to get their monthly payments lowered and to even get them on track for student loan forgiveness after roughly 20 to 25 years of remaining in the federal program. “Some people have this idea that the main focus of a borrower’s life should be repayment. Ameritech Financial thinks otherwise,” said Knickerbocker.
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.
Each Ameritech Financial telephone representative 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.
